ZJK Industrial (NASDAQ:ZJK) Shares Gap Up – Time to Buy?

ZJK Industrial Co., Ltd. (NASDAQ:ZJK) gapped up prior to trading on Tuesday . The stock had previously closed at $9.43, but opened at $9.82. ZJK Industrial shares last traded at $9.46, with a volume of 25,450 shares traded.

ZJK Industrial Stock Up 1.6 %

The firm has a 50-day simple moving average of $9.00.

Institutional Trading of ZJK Industrial

An institutional investor recently bought a new position in ZJK Industrial stock. Murchinson Ltd. bought a new position in ZJK Industrial Co., Ltd. (NASDAQ:ZJK) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned approximately 0.06% of ZJK Industrial at the end of the most recent reporting period.

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.