ZJK Industrial (NASDAQ:ZJK) Stock Price Down 6.4% – Here’s Why

ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report)’s share price fell 6.4% during trading on Friday . The company traded as low as $9.10 and last traded at $9.47. 56,378 shares traded hands during trading, a decline of 93% from the average session volume of 809,558 shares. The stock had previously closed at $10.12.

ZJK Industrial Price Performance

The business’s fifty day simple moving average is $7.37.

Institutional Investors Weigh In On ZJK Industrial

An institutional investor recently bought a new position in ZJK Industrial stock. Murchinson Ltd. bought a new position in shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJKFree Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned about 0.06% of ZJK Industrial at the end of the most recent reporting period.

ZJK Industrial Company Profile

(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.

Read More

Receive News & Ratings for ZJK Industrial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ZJK Industrial and related companies with MarketBeat.com's FREE daily email newsletter.