ZJK Industrial (NASDAQ:ZJK) Shares Gap Down – Here’s Why

ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $8.63, but opened at $8.34. ZJK Industrial shares last traded at $9.16, with a volume of 44,092 shares.

ZJK Industrial Price Performance

The stock has a fifty day simple moving average of $8.66.

Institutional Investors Weigh In On ZJK Industrial

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

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.

Further Reading

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