ZEEKR Intelligent Technology (NYSE:ZK) Trading 7.4% Higher – Time to Buy?

ZEEKR Intelligent Technology Holding Limited (NYSE:ZKGet Free Report) rose 7.4% during trading on Wednesday . The company traded as high as $27.88 and last traded at $27.90. Approximately 244,337 shares changed hands during mid-day trading, a decline of 55% from the average daily volume of 547,797 shares. The stock had previously closed at $25.97.

ZEEKR Intelligent Technology Trading Up 9.9 %

The business’s fifty day moving average is $26.37 and its two-hundred day moving average is $23.74.

Institutional Investors Weigh In On ZEEKR Intelligent Technology

A number of institutional investors and hedge funds have recently bought and sold shares of ZK. BNP Paribas Financial Markets purchased a new position in shares of ZEEKR Intelligent Technology during the fourth quarter valued at $1,822,000. Tudor Investment Corp ET AL purchased a new stake in shares of ZEEKR Intelligent Technology in the 4th quarter worth approximately $255,000. Hsbc Holdings PLC bought a new position in shares of ZEEKR Intelligent Technology during the fourth quarter valued at approximately $318,000. XTX Topco Ltd purchased a new position in ZEEKR Intelligent Technology during the fourth quarter valued at approximately $1,034,000. Finally, Renaissance Technologies LLC lifted its holdings in ZEEKR Intelligent Technology by 90.8% during the fourth quarter. Renaissance Technologies LLC now owns 505,000 shares of the company’s stock worth $14,332,000 after buying an additional 240,300 shares during the period.

ZEEKR Intelligent Technology Company Profile

(Get Free Report)

ZEEKR Intelligent Technology Holding Limited, an investment holding company, engages in the research and development, production, commercialization, and sale of the electric vehicles and batteries. It offers battery electric passenger vehicles (BEVs) and SUVs. The company also produces and sells electric powertrain and battery packs for electric vehicles, such as motors and electric control systems; and provides automotive related research and development services.

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