Posted by admin on Jun 22nd, 2022
ZK International Group Co., Ltd. (NASDAQ:ZKIN – Get Rating)’s share price traded down 0.9% during trading on Tuesday . The stock traded as low as $1.12 and last traded at $1.12. 44,571 shares were traded during mid-day trading, a decline of 75% from the average session volume of 181,383 shares. The stock had previously closed at $1.13.
The firm has a 50 day moving average of $1.15 and a 200 day moving average of $1.29.
A number of institutional investors have recently bought and sold shares of ZKIN. Renaissance Technologies LLC purchased a new position in ZK International Group in the third quarter valued at approximately $389,000. Millennium Management LLC purchased a new stake in shares of ZK International Group during the third quarter worth $130,000. Virtu Financial LLC purchased a new stake in shares of ZK International Group during the fourth quarter worth $63,000. Goldman Sachs Group Inc. purchased a new stake in shares of ZK International Group during the fourth quarter worth $55,000. Finally, Jane Street Group LLC purchased a new stake in shares of ZK International Group during the third quarter worth $34,000. Institutional investors and hedge funds own 2.41% of the company’s stock.
ZK International Group Company Profile (NASDAQ:ZKIN)
ZK International Group Co, Ltd., through its subsidiaries, engages in the designing, producing, and selling double-press thin-walled stainless steel, carbon steel, and single-press tubes and fittings in the People's Republic of China. It offers carbon and stainless steel strips; carbon and stainless steel pipes; light gauge stainless steel pipes; pipe connections and fittings; and couplings, unions, adapters, caps, plug pipes, elbows, three-way fittings, tees, cross, side-inlet elbows, wyes, reducers, bushings, pipe fasteners, and pipe flanges.
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