Shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJK – Get Free Report) rose 6.9% during trading on Friday . The company traded as high as $9.88 and last traded at $9.65. Approximately 82,205 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 340,209 shares. The stock had previously closed at $9.03.
ZJK Industrial Stock Performance
The stock’s 50 day moving average is $9.00.
Hedge Funds Weigh In On ZJK Industrial
A hedge fund recently bought a new stake in ZJK Industrial stock. Murchinson Ltd. bought a new position in ZJK Industrial Co., Ltd. (NASDAQ:ZJK – Free Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned about 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.
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