ZK International Group Co Ltd (ZKIN) saw an uptrend of 30.05% in the recent trading with $2.64 being its most recent. The current price level -58.10% lower than the highest price of $6.30 marked by the stock while trading over the past 52-weeks, whereas it is 221.95% higher than the lowest price of $0.82 the company dropped to over past 52-weeks. The latest news story on ZKIN appeared in (PR Newswire) under the title “ZK International Launches Unique Financing Strategy as Public Market Gateway for Crypto’s Viral Movement — Targeting Billion Dollar XRP Community via ZKIN Warrants” on May-21-25.
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of N/A for the stock.
ZK International Group Co Ltd Earnings – What Happened With ZKIN
Coming around sales and income figures on ZKIN Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
ZK International Group Co Ltd – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 5.16 million. ZKIN does have institutional investors; and they hold 0.41% of the stock.
As on 2024-06-30, IPG INVESTMENT ADVISORS LLC was the top most holder in ZK International Group Co Ltd (NASDAQ:ZKIN) with an ownership of 16278.0 shares of the company or 0.0536 of the stake worth $8904.0. The filing also reveals RENAISSANCE TECHNOLOGIES LLC as the second largest holder in the company with a control over 0.0487 of the outstanding shares. Its stake is worth $8096.0 for having 14800.0 shares in hand.
UNIQUE WEALTH, LLC also came holding a key position in the company during the recent quarter and it now holds 0.0368 of the outstanding shares. With this there are now 8.0 institutions which have possession in ZKIN’s shares.
Key Metrics forZKIN
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, ZK International Group Co Ltd has a debt to equity ratio of 0.96.
Technical Analysis of ZK International Group Co Ltd (NASDAQ:ZKIN) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for ZK International Group Co Ltd (ZKIN), we notice that the stock’s 20-day average volume is at 144,355 shares. And to end with, ZKIN’s 100-day average volume are 1,519,356 shares.
