ZKH Group Ltd ADR (NYSE: ZKH) Share Price Rose Recently, Although Trouble Is Still On The Horizon

AMAT

ZKH Group Ltd ADR (NYSE:ZKH) traded at $3.49 at close of the session on current trade day and made an upward move of 2.35% on its previous day’s price.

Looking at the stock we see that its previous close was $3.41 with the day’s price range being $3.42 – $3.63. In terms of its 52-week price range, ZKH has a high of $21.91 and a low of $2.62. The company’s stock has lost about -0.57% over that past 30 days.

ZKH Group Ltd ADR has a market cap of $447.84 million and is expected to release its quarterly earnings report in March.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 2.28B, with a low of 2.27B and a high of 2.29B. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 8.68B, or 4.35% up from figures reported last year.

On the other hand, looking at the outlook for the ZKH stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Sell.

Looking further, we note the current price level is -2.12% off its SMA20 and -1.50% from its 50-day simple moving average. The RSI (14) is pointing at 46.37 while the volatility over the past week is 5.65% and jumps to 5.44% over the past one month. The beta value is -0.01, while the average true range (ATR) is currently pointing at 0.20.

Coming back to ZKH Group Ltd ADR (NYSE:ZKH), we note that the average 3-month trading volume was 40.90K, while that of the preceding 10-day period stands at 52300.0. Current shares outstanding are 128.32 million.

The insiders hold 8.87% of the company’s shares while institutions hold 17.89%. The data shows that short shares as of 2025-01-31, stood at 13330.0 at a short ratio of 0.41. This represents a 2.00 short interest in shares outstanding on 2025-01-31. Shares short fall in January from the previous month at 27486.0. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -0.57% down in year-to-date price movement.

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