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ZJK Industrial (NASDAQ:ZJK) Shares Down 4.5% - Should You Sell?

ZJK Industrial logo with Industrials background

ZJK Industrial Co., Ltd. (NASDAQ:ZJK - Get Free Report)'s stock price was down 4.5% during trading on Friday . The company traded as low as $3.86 and last traded at $4.00. Approximately 63,571 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 431,649 shares. The stock had previously closed at $4.19.

ZJK Industrial Stock Performance

The company's 50 day simple moving average is $4.40 and its two-hundred day simple moving average is $6.13.

Institutional Trading of ZJK Industrial

A hedge fund recently bought a new stake in ZJK Industrial stock. PEAK6 LLC purchased a new position in shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJK - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor 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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