ZJK Industrial (NASDAQ:ZJK) Trading Up 11.4% – Time to Buy?

ZJK Industrial Co., Ltd. (NASDAQ:ZJK) shares traded up 11.4% during mid-day trading on Monday . The stock traded as high as $5.00 and last traded at $4.69. 47,929 shares changed hands during trading, a decline of 89% from the average session volume of 454,157 shares. The stock had previously closed at $4.21.

ZJK Industrial Stock Down 14.5 %

The firm has a fifty day moving average price of $5.67 and a 200 day moving average price of $6.89.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ZJK Industrial stock. PEAK6 LLC purchased a new position in shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJK) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 60,000 shares of the company’s stock, valued at approximately $561,000. PEAK6 LLC owned about 0.10% of ZJK Industrial as of its most recent SEC filing.

ZJK Industrial Company Profile

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.