ZKH Group (NYSE:ZKH) Shares Gap Down to $19.14

ZKH Group Limited (NYSE:ZKHGet Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $19.14, but opened at $18.10. ZKH Group shares last traded at $19.50, with a volume of 1,660 shares traded.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft began coverage on shares of ZKH Group in a research report on Friday, January 26th. They set a “buy” rating and a $21.30 target price on the stock.

Get Our Latest Research Report on ZKH

ZKH Group Stock Down 8.4 %

The company has a 50 day simple moving average of $18.22.

ZKH Group (NYSE:ZKHGet Free Report) last released its quarterly earnings results on Tuesday, March 19th. The company reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $344.22 million for the quarter.

About ZKH Group

(Get Free Report)

ZKH Group Limited develops and operates a maintenance, repair, and operating (MRO) products trading and service platform that offers spare parts, chemicals, manufacturing parts, general consumables, and office supplies in the People's Republic of China. The company also provides MRO procurement and management services; digitalized MRO procurement solutions; and logistics and warehousing services.

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