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ZJK Industrial (NASDAQ:ZJK) Stock Price Down 8.7% - Should You Sell?

ZJK Industrial logo with Industrials background

ZJK Industrial Co., Ltd. (NASDAQ:ZJK - Get Free Report)'s share price dropped 8.7% during mid-day trading on Wednesday . The company traded as low as $4.50 and last traded at $4.50. Approximately 65,707 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 398,065 shares. The stock had previously closed at $4.93.

ZJK Industrial Price Performance

The business's fifty day moving average is $4.55 and its 200-day moving average is $6.84.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ZJK Industrial stock. PEAK6 LLC purchased a new stake in shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJK - Free Report) during the fourth quarter, according to its most recent disclosure 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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