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ZJK Industrial (NASDAQ:ZJK) Shares Up 3.5% - Here's Why

ZJK Industrial logo with Industrials background

Key Points

  • Shares of ZJK Industrial rose by 3.5%, reaching a high of $3.38 during trading before closing at $3.25.
  • Trading volume significantly decreased, with around 15,807 shares changing hands, which is 70% less than the average daily volume.
  • Notable institutional activity includes a new stake valued at $561,000 by PEAK6 LLC and a 150.0% increase in Geode Capital Management’s holdings.
  • Five stocks we like better than ZJK Industrial.

Shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJK - Get Free Report) rose 3.5% on Monday . The company traded as high as $3.38 and last traded at $3.25. Approximately 15,807 shares changed hands during mid-day trading, a decline of 70% from the average daily volume of 52,178 shares. The stock had previously closed at $3.14.

ZJK Industrial Stock Up 4.0%

The business's fifty day moving average is $3.54 and its two-hundred day moving average is $4.65.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. State of Wyoming acquired a new position in shares of ZJK Industrial in the second quarter valued at approximately $31,000. Howard Financial Services LTD. acquired a new position in shares of ZJK Industrial in the second quarter valued at approximately $49,000. Geode Capital Management LLC grew its holdings in shares of ZJK Industrial by 150.0% in the second quarter. Geode Capital Management LLC now owns 42,267 shares of the company's stock valued at $164,000 after purchasing an additional 25,362 shares in the last quarter. Finally, Invesco Ltd. acquired a new position in shares of ZJK Industrial in the first quarter valued at approximately $223,000.

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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