ZJK Industrial (NASDAQ:ZJK) Shares Gap Down – Here’s Why

ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $12.01, but opened at $10.85. ZJK Industrial shares last traded at $10.51, with a volume of 192,731 shares trading hands.

ZJK Industrial Stock Performance

The business has a 50 day simple moving average of $8.07.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ZJK Industrial stock. Murchinson Ltd. acquired a new stake in shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJKFree Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 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.

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

Receive News & Ratings for ZJK Industrial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ZJK Industrial and related companies with MarketBeat.com's FREE daily email newsletter.