ZJK Industrial (NASDAQ:ZJK) Shares Up 8% – Should You Buy?

ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report) shot up 8% during trading on Tuesday . The company traded as high as $10.00 and last traded at $8.88. 200,016 shares changed hands during trading, an increase of 2% from the average session volume of 195,951 shares. The stock had previously closed at $8.22.

ZJK Industrial Price Performance

The company has a 50 day simple moving average of $8.96.

Institutional Investors Weigh In On ZJK Industrial

An institutional investor recently bought a new position 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 filing with the 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 at the end of the most recent reporting period.

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.

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