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ZKH Group (NYSE:ZKH) Issues Quarterly Earnings Results

ZKH Group logo with Business Services background

ZKH Group (NYSE:ZKH - Get Free Report) posted its quarterly earnings results on Tuesday. The company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.33) by $0.27, Zacks reports. The firm had revenue of $266.78 million during the quarter, compared to analysts' expectations of $1.85 billion. ZKH Group had a negative return on equity of 6.86% and a negative net margin of 2.47%.

ZKH Group Price Performance

Shares of ZKH Group stock traded down $0.25 during midday trading on Friday, hitting $2.86. 47,847 shares of the company were exchanged, compared to its average volume of 83,053. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.81 and a quick ratio of 1.62. The firm has a market cap of $371.24 million, a P/E ratio of -8.16 and a beta of -0.12. ZKH Group has a 52 week low of $2.50 and a 52 week high of $13.97. The firm has a 50 day simple moving average of $3.06 and a 200-day simple moving average of $3.41.

Institutional Investors Weigh In On ZKH Group

An institutional investor recently bought a new position in ZKH Group stock. Jane Street Group LLC purchased a new position in ZKH Group Limited (NYSE:ZKH - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 19,674 shares of the company's stock, valued at approximately $66,000. Institutional investors own 9.52% of the company's stock.

ZKH Group Company Profile

(Get Free Report)

ZKH Group Limited develops and operates a maintenance, repair, and operating (MRO) products trading and service platform that offers spare parts, chemicals, manufacturing parts, general consumables, and office supplies in the People's Republic of China. The company provides MRO procurement and management services; digitalized MRO procurement solutions; and logistics and warehousing services.

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