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ZJK Industrial (NASDAQ:ZJK) Trading Up 11.4% - Still a Buy?

ZJK Industrial logo with Industrials background

ZJK Industrial Co., Ltd. (NASDAQ:ZJK - Get Free Report) traded up 11.4% on Monday . The stock traded as high as $5.00 and last traded at $4.69. 47,929 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 454,157 shares. The stock had previously closed at $4.21.

ZJK Industrial Stock Performance

The stock's 50 day simple moving average is $5.50 and its 200-day simple moving average is $6.88.

Institutional Investors Weigh In On ZJK Industrial

A hedge fund recently bought a new stake in ZJK Industrial stock. PEAK6 LLC purchased a new position in ZJK Industrial Co., Ltd. (NASDAQ:ZJK - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 60,000 shares of the company's stock, valued at approximately $561,000. PEAK6 LLC owned approximately 0.10% of ZJK Industrial as of its most recent SEC filing.

About ZJK Industrial

(Get Free Report)

ZJK Industrial Co Ltd. is a high-tech enterprise specialized in manufacturing and sale of precision fasteners, structural parts and other precision metal parts products applied in a variety of industries, including intelligent electronic equipment, new energy vehicles, aerospace, energy storage systems and liquid cooling systems used in artificial intelligence supercomputers.

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