Zhihu (NYSE:ZH) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Zhihu (NYSE:ZH) from a sell rating to a hold rating in a research report report published on Sunday.

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Zhihu in a report on Monday, December 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Zhihu Trading Up 0.2%

Shares of ZH stock opened at $3.28 on Friday. The company has a market cap of $288.82 million, a P/E ratio of 20.47 and a beta of 0.24. The firm has a fifty day moving average price of $3.80 and a 200 day moving average price of $4.32. Zhihu has a 12 month low of $3.19 and a 12 month high of $6.32.

Institutional Investors Weigh In On Zhihu

Several hedge funds have recently made changes to their positions in ZH. Ameriprise Financial Inc. increased its position in Zhihu by 44.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 36,088 shares of the company’s stock valued at $183,000 after acquiring an additional 11,082 shares during the period. Acadian Asset Management LLC grew its stake in shares of Zhihu by 60.0% in the 1st quarter. Acadian Asset Management LLC now owns 2,941,056 shares of the company’s stock valued at $12,526,000 after purchasing an additional 1,102,401 shares during the last quarter. Cubist Systematic Strategies LLC increased its holdings in shares of Zhihu by 1,769.9% in the first quarter. Cubist Systematic Strategies LLC now owns 190,786 shares of the company’s stock valued at $815,000 after purchasing an additional 180,583 shares during the period. Walleye Capital LLC raised its stake in shares of Zhihu by 787.7% during the first quarter. Walleye Capital LLC now owns 126,426 shares of the company’s stock worth $540,000 after purchasing an additional 112,184 shares during the last quarter. Finally, Jump Financial LLC purchased a new stake in shares of Zhihu during the first quarter worth approximately $431,000. Institutional investors and hedge funds own 28.92% of the company’s stock.

About Zhihu

Zhihu is China’s leading online question-and-answer platform, providing a space where users can ask questions, share knowledge, and engage with content across science, technology, business, culture, and lifestyle. Founded in 2011 and headquartered in Beijing, Zhihu has cultivated a community-driven environment that emphasizes credible, in-depth answers from experts, professionals, and enthusiasts.

The company’s core service revolves around its Q&A platform, enabling registered users to post questions and receive comprehensive responses.