The 36-month beta value for ZKIN is at 2.02.
The public float for ZKIN is 18.07M, and currently, shorts hold a 0.29% of that float. The average trading volume for ZKIN on May 07, 2024 was 25.49K shares.
ZKIN) stock’s latest price update
ZK International Group Co Ltd. (NASDAQ: ZKIN)’s stock price has increased by 24.40 compared to its previous closing price of 0.64. However, the company has seen a 18.52% increase in its stock price over the last five trading sessions. Pulse2 reported 2022-01-13 that The stock price of ZK International Group Co Ltd (NASDAQ: ZKIN) increased by 17.93% in the most recent trading session. This is why it happened.
ZKIN’s Market Performance
ZKIN’s stock has risen by 18.52% in the past week, with a monthly rise of 29.03% and a quarterly rise of 8.12%. The volatility ratio for the week is 4.13% while the volatility levels for the last 30 days are 7.30% for ZK International Group Co Ltd. The simple moving average for the last 20 days is 24.18% for ZKIN stock, with a simple moving average of 15.48% for the last 200 days.
ZKIN Trading at 25.19% from the 50-Day Moving Average
After a stumble in the market that brought ZKIN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -40.74% of loss for the given period.
Volatility was left at 7.30%, however, over the last 30 days, the volatility rate increased by 4.13%, as shares surge +16.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.63% upper at present.
During the last 5 trading sessions, ZKIN rose by +9.99%, which changed the moving average for the period of 200-days by +14.39% in comparison to the 20-day moving average, which settled at $0.6494. In addition, ZK International Group Co Ltd. saw -18.37% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ZKIN
Current profitability levels for the company are sitting at:
- 0.0 for the present operating margin
- 0.06 for the gross margin
The net margin for ZK International Group Co Ltd. stands at -0.0.
When we switch over and look at the enterprise to sales, we see a ratio of 0.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.68.
Conclusion
In conclusion, ZK International Group Co Ltd. (ZKIN) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
