Shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJK – Get Free Report) fell 6.4% during trading on Friday . The company traded as low as $9.10 and last traded at $9.47. 56,378 shares changed hands during trading, a decline of 93% from the average session volume of 809,558 shares. The stock had previously closed at $10.12.
ZJK Industrial Stock Performance
The firm has a 50-day moving average price of $7.29.
Hedge Funds Weigh In On ZJK Industrial
An institutional investor recently bought a new position in ZJK Industrial stock. Murchinson Ltd. acquired a new stake in shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJK – Free Report) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned approximately 0.06% of ZJK Industrial as of its most recent SEC filing.
ZJK Industrial Company Profile
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.
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