ZJK Industrial (NASDAQ:ZJK) Trading 5.5% Higher – Should You Buy?

Shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report) shot up 5.5% during mid-day trading on Friday . The stock traded as high as $9.84 and last traded at $9.84. 10,055 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 686,358 shares. The stock had previously closed at $9.33.

ZJK Industrial Price Performance

The business has a 50-day moving average of $8.34.

Institutional Inflows and Outflows

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

About ZJK Industrial

(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.

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