ZKH Group (NYSE:ZKH) Director Yunjie Han Sells 672,910 Shares

ZKH Group Limited Unsponsored ADR (NYSE:ZKHGet Free Report) Director Yunjie Han sold 672,910 shares of ZKH Group stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $0.08, for a total transaction of $53,832.80. Following the sale, the director owned 10,827,180 shares in the company, valued at $866,174.40. This represents a 5.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

ZKH Group Price Performance

ZKH opened at $2.90 on Friday. ZKH Group Limited Unsponsored ADR has a twelve month low of $1.92 and a twelve month high of $3.90. The company has a current ratio of 1.77, a quick ratio of 1.59 and a debt-to-equity ratio of 0.04. The firm has a market cap of $376.75 million, a price-to-earnings ratio of -290.50 and a beta of 0.39. The company has a fifty day simple moving average of $2.87 and a 200 day simple moving average of $2.93.

ZKH Group (NYSE:ZKHGet Free Report) last issued its quarterly earnings results on Friday, August 21st. The company reported $0.04 EPS for the quarter. ZKH Group had a negative return on equity of 0.06% and a negative net margin of 0.02%.The firm had revenue of $359.70 million during the quarter.

Wall Street Analysts Forecast Growth

ZKH has been the subject of a number of research reports. Wall Street Zen upgraded ZKH Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 29th. Weiss Ratings reiterated a “sell (e+)” rating on shares of ZKH Group in a research note on Tuesday, September 1st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

View Our Latest Stock Report on ZKH

Institutional Investors Weigh In On ZKH Group

A number of large investors have recently bought and sold shares of the business. Boundless Plain Holdings Ltd bought a new position in shares of ZKH Group in the fourth quarter worth about $8,825,000. FIL Ltd grew its holdings in ZKH Group by 26.0% in the 4th quarter. FIL Ltd now owns 7,621,884 shares of the company’s stock valued at $28,049,000 after buying an additional 1,572,957 shares during the last quarter. Jain Global LLC bought a new position in ZKH Group in the 3rd quarter worth approximately $238,000. Invesco Ltd. acquired a new position in shares of ZKH Group during the fourth quarter worth approximately $291,000. Finally, Renaissance Technologies LLC grew its stake in shares of ZKH Group by 442.1% in the fourth quarter. Renaissance Technologies LLC now owns 91,500 shares of the company’s stock worth $337,000 after acquiring an additional 74,621 shares during the last quarter. 9.52% of the stock is currently owned by institutional investors.

About ZKH Group

(Get Free Report)

ZKH Group Limited develops and operates a maintenance, repair, and operating (MRO) products trading and service platform that offers spare parts, chemicals, manufacturing parts, general consumables, and office supplies in the People’s Republic of China. The company provides MRO procurement and management services; digitalized MRO procurement solutions; and logistics and warehousing services. It also engages in the production and sale of intelligent warehousing equipment. ZKH Group Limited was founded in 1998 and is based in Shanghai, the People’s Republic of China.

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