ZJK Industrial (NASDAQ:ZJK) Trading Up 7.1% – What’s Next?

Shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report) were up 7.1% on Thursday . The company traded as high as $8.23 and last traded at $8.47. Approximately 9,844 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 289,242 shares. The stock had previously closed at $7.91.

ZJK Industrial Price Performance

The firm’s 50 day simple moving average is $9.38.

Institutional Investors Weigh In On ZJK Industrial

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

ZJK Industrial Company Profile

(Get Free Report)

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.

Further Reading

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