ZK International Group (NASDAQ:ZKIN) Shares Down 2.6% – What’s Next?

ZK International Group Co., Ltd. (NASDAQ:ZKINGet Free Report) shares fell 2.6% on Thursday . The company traded as low as $1.05 and last traded at $1.06. Approximately 5,837 shares traded hands during mid-day trading, a decline of 61% from the average session volume of 14,858 shares. The stock had previously closed at $1.0887.

Analyst Ratings Changes

Separately, Weiss Ratings cut ZK International Group from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Check Out Our Latest Analysis on ZK International Group

ZK International Group Price Performance

The stock has a 50 day simple moving average of $1.36 and a 200 day simple moving average of $1.46.

ZK International Group Company Profile

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ZK International Group Co, Ltd. (“ZKIN”) is a China-based company specializing in the design, manufacture and sale of heating, ventilation and air-conditioning (HVAC) products along with building energy conservation and clean energy utilization systems. The company’s core offerings include terminal climate control products such as radiators, fan coil units and heat exchangers, as well as heating systems including electric boilers, heat pumps and solar water heaters. ZKIN’s integrated solutions are designed to improve energy efficiency in residential, commercial and industrial settings.

In addition to its terminal climate control and heating product lines, ZKIN develops clean energy utilization systems that leverage solar thermal technology and thermal storage to reduce reliance on fossil fuels.

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