For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE: ZK) closed the day trading at $20.27 up 4.70% from the previous closing price of $19.36. In other words, the price has increased by $4.70 from its previous closing price. On the day, 1.05 million shares were traded. ZK stock price reached its highest trading level at $20.852 during the session, while it also had its lowest trading level at $18.35.
Ratios:
For a better understanding of ZK, let’s look at its different ratios. 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 5152572928 and an Enterprise Value of 50553511936. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49. Its current Enterprise Value per Revenue stands at 0.666 whereas that against EBITDA is -9.166.
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 -21.73%, while the 200-Day Moving Average is calculated to be -11.19%.
Shares Statistics:
Over the past 3-months, ZK traded about 668.88K shares per day on average, while over the past 10 days, ZK traded about 736200 shares per day. Shares short for ZK as of 1741910400 were 1398823 with a Short Ratio of 2.09, compared to 1739491200 on 1639396. Therefore, it implies a Short% of Shares Outstanding of 1398823 and a Short% of Float of 2.87.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
