The stock of ZEEKR Intelligent Technology Holding Ltd. ADR (ZK) has gone up by 29.31% for the week, with a 57.39% rise in the past month and a 61.90% rise in the past quarter. The volatility ratio for the week is 10.04%, and the volatility levels for the past 30 days are 9.38% for ZK. The simple moving average for the past 20 days is 19.88% for ZK’s stock, with a 43.16% simple moving average for the past 200 days.
Is It Worth Investing in ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE: ZK) Right Now?
Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 3 as “overweight,” 0 as “hold,” and 0 as “sell.”
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On October 28, 2024, ZK’s average trading volume was 797.95K shares.
ZK) stock’s latest price update
The stock of ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE: ZK) has increased by 24.84 when compared to last closing price of 23.11.Despite this, the company has seen a gain of 29.31% in its stock price over the last five trading days. zacks.com reported 2024-10-22 that The consensus price target hints at a 44.2% upside potential for Zeekr (ZK). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Analysts’ Opinion of ZK
Many brokerage firms have already submitted their reports for ZK stocks, with Macquarie repeating the rating for ZK by listing it as a “Outperform.” The predicted price for ZK in the upcoming period, according to Macquarie is $33 based on the research report published on October 03, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see ZK reach a price target of $32.40. The rating they have provided for ZK stocks is “Buy” according to the report published on June 24th, 2024.
Goldman gave a rating of “Buy” to ZK, setting the target price at $34 in the report published on June 04th of the current year.
ZK Trading at 47.59% from the 50-Day Moving Average
After a stumble in the market that brought ZK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.52% of loss for the given period.
Volatility was left at 9.38%, however, over the last 30 days, the volatility rate increased by 10.04%, as shares surge +36.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +86.13% upper at present.
During the last 5 trading sessions, ZK rose by +29.31%, in comparison to the 20-day moving average, which settled at $24.07. In addition, ZEEKR Intelligent Technology Holding Ltd. ADR saw 2.09% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ZK
Current profitability levels for the company are sitting at:
- -0.13 for the present operating margin
- 0.15 for the gross margin
The net margin for ZEEKR Intelligent Technology Holding Ltd. ADR stands at -0.13. The total capital return value is set at 1.7.
Based on ZEEKR Intelligent Technology Holding Ltd. ADR (ZK), the company’s capital structure generated 5.31 points at debt to capital in total, while cash flow to debt ratio is standing at 0.03. The debt to equity ratio resting at -1.23. The interest coverage ratio of the stock is -36.51.
Currently, EBITDA for the company is -1.1 billion with net debt to EBITDA at -0.29. When we switch over and look at the enterprise to sales, we see a ratio of 0.85. The receivables turnover for the company is 6.65for trailing twelve months and the total asset turnover is 2.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.67.
Conclusion
To wrap up, the performance of ZEEKR Intelligent Technology Holding Ltd. ADR (ZK) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
