ZEEKR Intelligent Technology Holding Limited (NYSE:ZK - Get Free Report) rose 4.7% during mid-day trading on Wednesday . The company traded as high as $30.30 and last traded at $29.87. Approximately 279,847 shares changed hands during mid-day 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 Trading Down 0.4%
The stock has a market cap of $7.44 billion and a price-to-earnings ratio of -10.06. The stock's 50-day moving average price is $23.72 and its 200-day moving average price is $25.50.
ZEEKR Intelligent Technology (NYSE:ZK - Get Free Report) last issued 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 during the quarter. As a group, analysts predict that ZEEKR Intelligent Technology Holding Limited will post -1.76 earnings per share for the current year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Brooklyn Investment Group increased 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 in the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in shares of ZEEKR Intelligent Technology in the 1st quarter valued at $44,000. Quantbot Technologies LP bought a new stake in shares of ZEEKR Intelligent Technology in the 4th quarter valued at $86,000. JPMorgan Chase & Co. bought a new stake in shares of ZEEKR Intelligent Technology in the 4th quarter valued at $145,000. Finally, Envestnet Asset Management Inc. bought a new stake in shares of ZEEKR Intelligent Technology in the 4th 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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