Zhihu Inc. Sponsored ADR (NYSE:ZH - Get Free Report)'s share price shot up 1.1% during trading on Wednesday . The company traded as high as $3.24 and last traded at $3.2050. Approximately 130,462 shares traded hands during mid-day trading, a decline of 37% from the average daily volume of 206,392 shares. The stock had previously closed at $3.17.
Analyst Upgrades and Downgrades
Several analysts have commented on ZH shares. Weiss Ratings lowered shares of Zhihu from a "sell (d)" rating to a "sell (d-)" rating in a research report on Tuesday, April 21st. Wall Street Zen raised shares of Zhihu from a "sell" rating to a "hold" rating in a research report on Saturday, June 6th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Sell".
Check Out Our Latest Analysis on ZH
Zhihu Stock Performance
The firm has a fifty day moving average price of $3.15 and a 200 day moving average price of $3.30. The stock has a market cap of $284.32 million, a PE ratio of -8.90 and a beta of 0.26.
Zhihu (NYSE:ZH - Get Free Report) last announced its earnings results on Friday, May 15th. The company reported ($0.02) earnings per share for the quarter. Zhihu had a negative return on equity of 4.83% and a negative net margin of 7.25%.The business had revenue of $94.50 million for the quarter.
Hedge Funds Weigh In On Zhihu
A hedge fund recently raised its stake in Zhihu stock. Ameriprise Financial Inc. increased its stake in Zhihu Inc. Sponsored ADR (NYSE:ZH - Free Report) by 44.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,088 shares of the company's stock after purchasing an additional 11,082 shares during the period. Ameriprise Financial Inc.'s holdings in Zhihu were worth $183,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 28.92% of the company's stock.
About Zhihu
(
Get Free Report)
Zhihu is China's leading online question-and-answer platform, providing a space where users can ask questions, share knowledge, and engage with content across science, technology, business, culture, and lifestyle. Founded in 2011 and headquartered in Beijing, Zhihu has cultivated a community-driven environment that emphasizes credible, in-depth answers from experts, professionals, and enthusiasts.
The company's core service revolves around its Q&A platform, enabling registered users to post questions and receive comprehensive responses.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Zhihu, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Zhihu wasn't on the list.
While Zhihu currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Robotics and automation are rapidly becoming essential infrastructure across healthcare, manufacturing, logistics, and many other industries.
"Physical AI" is coming to the United States, and there are four ways that investors can gain exposure to this new robotics revolution. Plus, learn which seven companies are most positioned to benefit as intelligent robots enter the workforce.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
