For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE: ZK) closed at $23.97 in the last session, down -0.50% from day before closing price of $24.09. In other words, the price has decreased by -$0.50 from its previous closing price. On the day, 0.58 million shares were traded. ZK stock price reached its highest trading level at $24.69 during the session, while it also had its lowest trading level at $23.285.
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 0.48 and its Current Ratio is at 0.62.
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, Macquarie on October 03, 2024, initiated with a Outperform rating and assigned the stock a target price of $33.
On June 24, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $32.40.
On June 04, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $34.Goldman initiated its Buy rating on June 04, 2024, with a $34 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 6093101568 and an Enterprise Value of 57340571648. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58. Its current Enterprise Value per Revenue stands at 0.755 whereas that against EBITDA is -10.396.
Stock Price History:
Over the past 52 weeks, ZK has reached a high of $33.32, while it has fallen to a 52-week low of $13.00. The 50-Day Moving Average of the stock is -9.28%, while the 200-Day Moving Average is calculated to be 5.03%.
Shares Statistics:
According to the various share statistics, ZK traded on average about 642.07K shares per day over the past 3-months and 740000 shares per day over the past 10 days. Shares short for ZK as of 1741910400 were 1398823 with a Short Ratio of 2.18, compared to 1739491200 on 1639396. Therefore, it implies a Short% of Shares Outstanding of 1398823 and a Short% of Float of 2.87.
