ZKH Group Limited (NYSE:ZKH - Get Free Report)'s stock price traded down 6.2% during mid-day trading on Wednesday . The company traded as low as $3.00 and last traded at $3.12. 29,364 shares traded hands during trading, a decline of 65% from the average session volume of 83,247 shares. The stock had previously closed at $3.32.
ZKH Group Price Performance
The company's fifty day moving average price is $3.49 and its 200 day moving average price is $3.58. The company has a quick ratio of 1.62, a current ratio of 1.81 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $483.44 million, a P/E ratio of -8.54 and a beta of -0.21.
Institutional Trading of ZKH Group
Large investors have recently modified their holdings of the stock. State Street Corp acquired a new stake in shares of ZKH Group in the 3rd quarter valued at $45,000. FIL Ltd increased its holdings in ZKH Group by 30.0% in the fourth quarter. FIL Ltd now owns 3,845,797 shares of the company's stock valued at $13,499,000 after purchasing an additional 888,000 shares during the period. Finally, Invesco Ltd. bought a new position in shares of ZKH Group during the fourth quarter worth about $299,000. 9.52% of the stock is owned by institutional investors and hedge funds.
About ZKH Group
(
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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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