ZKH Group (NYSE:ZKH) Trading Down 6.3%

ZKH Group Limited (NYSE:ZKHGet Free Report) traded down 6.3% during mid-day trading on Monday . The company traded as low as $11.30 and last traded at $11.39. 7,622 shares changed hands during trading, a decline of 87% from the average session volume of 58,975 shares. The stock had previously closed at $12.16.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft assumed coverage on ZKH Group in a report on Friday, January 26th. They set a “buy” rating and a $21.30 price target for the company.

Read Our Latest Research Report on ZKH

ZKH Group Trading Down 2.5 %

The company has a 50-day moving average price of $17.52. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.73 and a quick ratio of 1.56.

ZKH Group (NYSE:ZKHGet Free Report) last posted its earnings results on Tuesday, March 19th. The company reported $0.04 EPS for the quarter. The firm had revenue of $344.22 million for the quarter.

About ZKH Group

(Get Free Report)

ZKH Group Limited develops and operates a maintenance, repair, and operating (MRO) products trading and service platform that offers spare parts, chemicals, manufacturing parts, general consumables, and office supplies in the People's Republic of China. The company also provides MRO procurement and management services; digitalized MRO procurement solutions; and logistics and warehousing services.

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