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The price of ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE: ZK) closed at $24.61 in the last session, up 10.41% from day before closing price of $22.29. In other words, the price has increased by $10.41 from its previous closing price. On the day, 1.78 million shares were traded. ZK stock price reached its highest trading level at $24.61 during the session, while it also had its lowest trading level at $22.365.
Ratios:
We take a closer look at ZK’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.56 and its Current Ratio is at 0.67.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Citigroup on June 24, 2024, initiated with a Buy rating and assigned the stock a target price of $32.40.
On June 04, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $34.
On June 04, 2024, BofA Securities started tracking the stock assigning a Buy rating and target price of $35.BofA Securities initiated its Buy rating on June 04, 2024, with a $35 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZK now has a Market Capitalization of 6093066752 and an Enterprise Value of 55037304832. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68. Its current Enterprise Value per Revenue stands at 0.844 whereas that against EBITDA is -7.18.
Stock Price History:
Over the past 52 weeks, ZK has reached a high of $32.24, while it has fallen to a 52-week low of $13.00. The 50-Day Moving Average of the stock is 49.20%, while the 200-Day Moving Average is calculated to be 27.02%.
Shares Statistics:
According to the various share statistics, ZK traded on average about 561.32K shares per day over the past 3-months and 1356050 shares per day over the past 10 days. Shares short for ZK as of 1726185600 were 771626 with a Short Ratio of 1.37, compared to 1723680000 on 713045. Therefore, it implies a Short% of Shares Outstanding of 771626 and a Short% of Float of 1.83.
