Shares of ZEEKR Intelligent Technology Holding Limited (NYSE:ZK - Get Free Report) rose 4.7% on Wednesday . The stock traded as high as $30.30 and last traded at $29.87. Approximately 279,847 shares changed hands during trading, a decline of 64% from the average daily volume of 782,352 shares. The stock had previously closed at $28.53.
ZEEKR Intelligent Technology Price Performance
The stock has a market cap of $7.51 billion and a PE ratio of -10.15. The stock's fifty day moving average is $23.76 and its 200-day moving average is $25.42.
ZEEKR Intelligent Technology (NYSE:ZK - Get Free Report) last announced its quarterly earnings results on Thursday, May 15th. The company reported ($0.39) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($5.08) by $4.69. The firm had revenue of $3.03 billion for the quarter. On average, sell-side analysts expect that ZEEKR Intelligent Technology Holding Limited will post -1.76 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of ZK. Brooklyn Investment Group raised its stake in shares of ZEEKR Intelligent Technology by 2,014.8% in the 1st quarter. Brooklyn Investment Group now owns 1,290 shares of the company's stock valued at $31,000 after acquiring an additional 1,229 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in ZEEKR Intelligent Technology in the first quarter valued at approximately $44,000. Quantbot Technologies LP acquired a new position in ZEEKR Intelligent Technology during the fourth quarter worth $86,000. JPMorgan Chase & Co. purchased a new position in shares of ZEEKR Intelligent Technology during the fourth quarter worth $145,000. Finally, Envestnet Asset Management Inc. acquired a new stake in shares of ZEEKR Intelligent Technology in the fourth quarter valued at $202,000.
ZEEKR Intelligent Technology Company Profile
(
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ZEEKR Intelligent Technology Holding Limited, an investment holding company, engages in the research and development, production, commercialization, and sale of the electric vehicles and batteries. It offers battery electric passenger vehicles (BEVs) and SUVs. The company also produces and sells electric powertrain and battery packs for electric vehicles, such as motors and electric control systems; and provides automotive related research and development services.
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