ZKH Group (NYSE:ZKH) Announces Quarterly Earnings Results, Beats Expectations By $0.27 EPS

ZKH Group (NYSE:ZKH) issued its earnings results on Tuesday. The company reported ($0.06) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.33) by $0.27, Zacks reports. ZKH Group had a negative net margin of 2.47% and a negative return on equity of 6.86%.

ZKH Group Trading Up 2.7%

Shares of NYSE ZKH opened at $3.08 on Tuesday. The firm’s 50 day moving average price is $3.11 and its 200-day moving average price is $3.43. The company has a market cap of $400.50 million, a PE ratio of -8.80 and a beta of -0.12. ZKH Group has a 52-week low of $2.55 and a 52-week high of $13.97. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.62 and a current ratio of 1.81.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ZKH Group stock. Jane Street Group LLC acquired a new stake in shares of ZKH Group Limited (NYSE:ZKH) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 19,674 shares of the company’s stock, valued at approximately $66,000. Institutional investors own 9.52% of the company’s stock.

ZKH Group Company Profile

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.