ZJK Industrial (NASDAQ:ZJK) Stock Price Down 5.8% – Time to Sell?

ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report)’s stock price dropped 5.8% on Tuesday . The stock traded as low as $8.26 and last traded at $8.44. Approximately 51,576 shares were traded during trading, a decline of 83% from the average daily volume of 309,948 shares. The stock had previously closed at $8.95.

ZJK Industrial Stock Performance

The stock’s 50 day moving average is $9.44.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ZJK Industrial stock. Murchinson Ltd. bought a new stake in shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJKFree Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 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.

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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