ZEEKR Intelligent Technology Holding Ltd. ADR (ZK): A Sitting Duck With -65.33% Upside Potential

ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE:ZK) concluded the trading at $21.17 on current market day with a fall of -6.08% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $22.54 with its price kept floating in the range of $20.755 and $22.38 on the day. Considering stock’s 52-week price range provides that ZK hit a high price of $32.24 and saw its price falling to a low level of $13.00 during that period. Over a period of past 1-month, stock came adding 39.64% in its value.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

According to ratings assigned by 4 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; 0 of them are recommending ZEEKR Intelligent Technology Holding Ltd. ADR (ZK) as a Hold, while 4 are in view that stock is a Buy. Recommendation by 0 analysts for the stock is an Underweight while number of those analysts who rated the stock as an Overweight is 0, whereas 0 of them are considering the stock as a Sell. When taken as whole, stock gets a rating of Overweight and that encourages the investors to exploit the opportunity and build their stake up in the company.

Digging deeper we become aware of the PEG ratio of the ZK stock which is currently positioned at 0. It further provides that stock’s current price level is -5.35% away from its 20-day simple moving average and is 14.47% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 48.86 while volatility remained at 5.86% over the past week which changes to 9.04% when measuring it over the past month. Average true range or ATR is currently at 1.94. In predicting price targets of as low as $26 and as high as $35, analysts are in agreement on assigning the stock over the next 12 months average price target of $33.5. Stock’s current price level is -22.82% above from estimated low price target while it is -65.33% below the estimated high; and even if the ZK’s share succeeded to reach the median price of $33.5, then the outlook of -58.24% could come to the excitement of the investors.

Having a second look at ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE:ZK) provides that stock’s average daily trading volume for 3 months was 745.88K, while it jumped to 1378800 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 244.08 million.

The figures also indicate that as of 2024-09-30, number of stock’s short shares was 1.58 million which implies a short ratio of 1.98. This shows up a 376.00 of Short Interest in company’s outstanding shares on the day. In September the standing of shares short improved as it was 0.54 million in the previous month. Subtraction of -25.09% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.

Most Popular