ZJK Industrial (NASDAQ:ZJK) Trading 1.4% Higher – Here’s Why

ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report)’s share price rose 1.4% during trading on Wednesday . The stock traded as high as $4.85 and last traded at $4.46. Approximately 156,040 shares changed hands during trading, a decline of 71% from the average daily volume of 530,139 shares. The stock had previously closed at $4.40.

ZJK Industrial Stock Performance

The company has a 50-day moving average price of $8.19.

Institutional Investors Weigh In On ZJK Industrial

A hedge fund recently bought a new stake in ZJK Industrial stock. Murchinson Ltd. bought a new position in shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJKFree Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned 0.06% of ZJK Industrial as of its most recent SEC filing.

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.

Further Reading

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