Zhihu Inc. Sponsored ADR (NYSE:ZH – Get Free Report)’s share price fell 1.9% on Thursday . The company traded as low as $3.23 and last traded at $3.2750. Approximately 150,939 shares were traded during trading, a decline of 10% from the average session volume of 168,375 shares. The stock had previously closed at $3.34.
Wall Street Analyst Weigh In
ZH has been the subject of a number of analyst reports. Wall Street Zen upgraded Zhihu from a “sell” rating to a “hold” rating in a research report on Saturday, June 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zhihu in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Zhihu presently has a consensus rating of “Sell”.
View Our Latest Analysis on ZH
Zhihu Stock Down 1.9%
Zhihu (NYSE:ZH – Get Free Report) last issued its quarterly earnings data on Friday, May 15th. The company reported ($0.02) earnings per share (EPS) for the quarter. Zhihu had a negative return on equity of 4.83% and a negative net margin of 7.25%.The business had revenue of $94.50 million for the quarter.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Zhihu stock. Ameriprise Financial Inc. increased its stake in Zhihu Inc. Sponsored ADR (NYSE:ZH – Free Report) by 44.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,088 shares of the company’s stock after purchasing an additional 11,082 shares during the quarter. Ameriprise Financial Inc.’s holdings in Zhihu were worth $183,000 at the end of the most recent quarter. Institutional investors 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.
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