ZJK Industrial Co., Ltd.’s Lock-Up Period To End Tomorrow (NASDAQ:ZJK)

ZJK Industrial’s (NASDAQ:ZJKGet Free Report) lock-up period will expire on Monday, March 31st. ZJK Industrial had issued 1,250,000 shares in its initial public offering on September 30th. The total size of the offering was $6,250,000 based on an initial share price of $5.00. After the expiration of ZJK Industrial’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

ZJK Industrial Stock Performance

Shares of ZJK stock opened at $4.96 on Friday. The business has a fifty day moving average of $6.99. ZJK Industrial has a 52 week low of $4.00 and a 52 week high of $30.50.

Hedge Funds Weigh In On ZJK Industrial

An institutional investor recently bought a new position in ZJK Industrial stock. Murchinson Ltd. bought a new stake in ZJK Industrial Co., Ltd. (NASDAQ:ZJKFree Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned approximately 0.06% of ZJK Industrial as of its most recent filing with the Securities & Exchange Commission.

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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