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

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

ZJK Industrial Price Performance

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

Institutional Inflows and Outflows

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

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