ZJK Industrial (NASDAQ:ZJK) Stock Price Down 9.8% – Time to Sell?

ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report) fell 9.8% on Wednesday . The stock traded as low as $8.15 and last traded at $8.38. 43,936 shares traded hands during trading, a decline of 79% from the average session volume of 204,878 shares. The stock had previously closed at $9.29.

ZJK Industrial Price Performance

The business’s fifty day moving average is $9.17.

Institutional Investors Weigh In On ZJK Industrial

An institutional investor recently bought a new position in ZJK Industrial stock. Murchinson Ltd. purchased a new stake in ZJK Industrial Co., Ltd. (NASDAQ:ZJKFree Report) during the third quarter, according to its most recent filing with the SEC. The firm 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 quarter.

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.

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