ZJK Industrial (NASDAQ:ZJK) Trading Down 6.4% – Should You Sell?

ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report)’s share price was down 6.4% during mid-day trading on Friday . The company traded as low as $9.10 and last traded at $9.47. 56,378 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 809,558 shares. The stock had previously closed at $10.12.

ZJK Industrial Stock Performance

The stock’s 50 day moving average price is $7.29.

Hedge Funds Weigh In On ZJK Industrial

A hedge fund recently bought a new stake in ZJK Industrial stock. Murchinson Ltd. bought a new position in ZJK Industrial Co., Ltd. (NASDAQ:ZJKFree Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm 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.

Featured Articles

Receive News & Ratings for ZJK Industrial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ZJK Industrial and related companies with MarketBeat.com's FREE daily email newsletter.