ZJK Industrial (NASDAQ:ZJK) Shares Gap Down – What’s Next?

ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $10.00, but opened at $9.51. ZJK Industrial shares last traded at $9.43, with a volume of 69,966 shares changing hands.

ZJK Industrial Stock Down 12.6 %

The stock has a 50 day moving average of $6.88.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ZJK Industrial stock. Murchinson Ltd. purchased a new position in ZJK Industrial Co., Ltd. (NASDAQ:ZJKFree Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned 0.06% of ZJK Industrial at the end of the most recent reporting period.

About ZJK Industrial

(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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