ZJK Industrial (NASDAQ:ZJK) Stock Price Up 6.9% – Time to Buy?

ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report) shot up 6.9% on Friday . The stock traded as high as $9.88 and last traded at $9.65. 82,205 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 340,209 shares. The stock had previously closed at $9.03.

ZJK Industrial Price Performance

The stock’s 50 day moving average is $9.18.

Institutional Investors Weigh In On ZJK Industrial

A hedge fund recently bought a new stake in ZJK Industrial stock. Murchinson Ltd. bought a new stake in shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJKFree Report) during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned about 0.06% of ZJK Industrial as of its most recent filing with the SEC.

About ZJK Industrial

(Get Free Report)

ZJK Industrial Co Ltd. is a high-tech enterprise specialized in manufacturing and sale of precision fasteners, structural parts and other precision metal parts products applied in a variety of industries, including intelligent electronic equipment, new energy vehicles, aerospace, energy storage systems and liquid cooling systems used in artificial intelligence supercomputers.

Further Reading

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