Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, ZEEKR Intelligent Technology Holding Ltd. ADR’s stock clocked out at $25.01, down -3.77% from its previous closing price of $25.99. In other words, the price has decreased by -$3.77 from its previous closing price. On the day, 0.52 million shares were traded. ZK stock price reached its highest trading level at $26.1 during the session, while it also had its lowest trading level at $24.21.
Ratios:
To gain a deeper understanding of ZK’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.52 and its Current Ratio is at 0.64.
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 6192100864 and an Enterprise Value of 49581879296. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.64. Its current Enterprise Value per Revenue stands at 0.761 whereas that against EBITDA is -6.469.
Stock Price History:
Over the past 52 weeks, ZK has reached a high of $32.76, while it has fallen to a 52-week low of $13.00. The 50-Day Moving Average of the stock is -4.48%, while the 200-Day Moving Average is calculated to be 12.45%.
Shares Statistics:
It appears that ZK traded 904.29K shares on average per day over the past three months and 441220 shares per day over the past ten days. Shares short for ZK as of 1730332800 were 1876402 with a Short Ratio of 2.10, compared to 1727654400 on 1584825. Therefore, it implies a Short% of Shares Outstanding of 1876402 and a Short% of Float of 4.4499997.
