ZJK Industrial (NASDAQ:ZJK) Shares Down 8.7% – What’s Next?

ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report)’s share price fell 8.7% on Wednesday . The company traded as low as $4.50 and last traded at $4.50. 65,707 shares were traded during mid-day trading, a decline of 83% from the average session volume of 398,065 shares. The stock had previously closed at $4.93.

ZJK Industrial Price Performance

The firm has a 50-day moving average price of $4.55 and a two-hundred day moving average price of $6.83.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ZJK Industrial stock. PEAK6 LLC bought a new stake in ZJK Industrial Co., Ltd. (NASDAQ:ZJKFree Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 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.

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.

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