ZJK Industrial Co., Ltd. (NASDAQ:ZJK – Get Free Report) was the recipient of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 32,102 shares, a decline of 38.3% from the September 15th total of 52,042 shares. Based on an average trading volume of 8,253 shares, the short-interest ratio is presently 3.9 days. Currently, 0.1% of the shares of the company are short sold.
ZJK Industrial Stock Performance
Shares of ZJK Industrial stock opened at $1.84 on Friday. The stock’s 50-day simple moving average is $2.06 and its 200-day simple moving average is $2.18. ZJK Industrial has a 52 week low of $1.45 and a 52 week high of $4.05.
ZJK Industrial (NASDAQ:ZJK – Get Free Report) last released its earnings results on Monday, September 21st. The company reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $16.87 million for the quarter.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings restated a “sell (d+)” rating on shares of ZJK Industrial in a research note on Friday, August 21st. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce”.
Check Out Our Latest Analysis on ZJK
About ZJK Industrial
ZJK Industrial Co, Ltd. is a China-based manufacturer of precision industrial components. The company specializes in precision fasteners and other metal hardware products designed for use in applications that require tight tolerances and consistent manufacturing quality.
Its products are used across industrial and technology-related markets, including consumer electronics, telecommunications, automotive applications and other equipment manufacturing. ZJK Industrial provides component design, tooling, precision machining, stamping and related manufacturing services to support customer production requirements.
The company serves customers primarily through its manufacturing and sales operations in China, with products supplied to domestic and international markets.
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