ZJK Industrial (NASDAQ:ZJK) Shares Gap Up – Still a Buy?

ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $8.60, but opened at $8.98. ZJK Industrial shares last traded at $8.73, with a volume of 7,658 shares traded.

ZJK Industrial Price Performance

The company has a 50 day simple moving average of $9.62.

Institutional Investors Weigh In On ZJK Industrial

A hedge fund recently bought a new stake in ZJK Industrial stock. Murchinson Ltd. acquired a new stake in ZJK Industrial Co., Ltd. (NASDAQ:ZJKFree Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned about 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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