ZKH Group Limited (NYSE:ZKH - Get Free Report)'s share price was up 1.8% during mid-day trading on Tuesday . The company traded as high as $3.16 and last traded at $3.10. Approximately 20,955 shares were traded during trading, a decline of 75% from the average daily volume of 83,018 shares. The stock had previously closed at $3.04.
ZKH Group Trading Down 2.2%
The stock's fifty day simple moving average is $2.94 and its 200-day simple moving average is $3.34. 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 $401.80 million, a PE ratio of -8.83 and a beta of 0.10.
Hedge Funds Weigh In On ZKH Group
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Invesco Ltd. purchased a new position in shares of ZKH Group during the fourth quarter worth $299,000. FIL Ltd boosted its holdings in ZKH Group by 30.0% in the 4th quarter. FIL Ltd now owns 3,845,797 shares of the company's stock worth $13,499,000 after buying an additional 888,000 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in ZKH Group during the 1st quarter worth approximately $66,000. Hedge funds and other institutional investors own 9.52% of the company's stock.
About ZKH Group
(
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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