ZEEKR Intelligent Technology's (ZK) "Sell (E+)" Rating Reiterated at Weiss Ratings

Key Points

• ZEEKR Intelligent Technology retains a "sell (E+)" rating from Weiss Ratings, indicating caution for investors.
• In contrast, Wall Street Zen upgraded the stock from a "hold" to a "buy" rating, reflecting mixed analyst sentiment.
• The company's stock has seen considerable volatility with a 12-month low of $17.91 and a high of $33.32, currently trading around $30.21.

ZEEKR Intelligent Technology (NYSE:ZK - Get Free Report)'s stock had its "sell (e+)" rating reissued by investment analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen upgraded ZEEKR Intelligent Technology from a "hold" rating to a "buy" rating in a report on Sunday, September 28th. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, ZEEKR Intelligent Technology presently has an average rating of "Hold" and a consensus price target of $34.87.

ZEEKR Intelligent Technology Price Performance

Shares of ZK traded up $0.74 during mid-day trading on Wednesday, reaching $30.21. The company's stock had a trading volume of 218,016 shares, compared to its average volume of 631,411. ZEEKR Intelligent Technology has a 12-month low of $17.91 and a 12-month high of $33.32. The stock has a market cap of $7.74 billion, a PE ratio of -16.69 and a beta of 0.10. The company's 50 day moving average is $29.44 and its 200 day moving average is $26.75.

Institutional Investors Weigh In On ZEEKR Intelligent Technology

Several large investors have recently modified their holdings of ZK. SG Americas Securities LLC acquired a new stake in shares of ZEEKR Intelligent Technology in the first quarter valued at approximately $687,000. Robeco Institutional Asset Management B.V. acquired a new stake in ZEEKR Intelligent Technology during the 1st quarter worth approximately $398,000. Vontobel Holding Ltd. acquired a new stake in ZEEKR Intelligent Technology during the 1st quarter worth approximately $269,000. WT Asset Management Ltd acquired a new stake in ZEEKR Intelligent Technology during the 1st quarter worth approximately $434,000. Finally, Krane Funds Advisors LLC acquired a new stake in ZEEKR Intelligent Technology during the 1st quarter worth approximately $418,000.

About ZEEKR Intelligent Technology

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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