In the past week, ZK stock has gone down by -0.95%, with a monthly decline of -1.11% and a quarterly surge of 83.96%. The volatility ratio for the week is 7.62%, and the volatility levels for the last 30 days are 7.72% for ZEEKR Intelligent Technology Holding Ltd. ADR The simple moving average for the last 20 days is 1.83% for ZK stock, with a simple moving average of 20.89% for the last 200 days.
Is It Worth Investing in ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE: ZK) Right Now?
There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 3 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The average trading volume of ZK on November 07, 2024 was 917.00K shares.
ZK) stock’s latest price update
The stock of ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE: ZK) has decreased by -0.67 when compared to last closing price of 25.04. Despite this, the company has experienced a -0.95% fall in its stock price over the last five trading sessions. cnbc.com reported 2024-11-01 that Zeekr’s October deliveries surged 92% year on year to 25,049 vehicles, surpassing its previous record from September and bringing 2023’s total to nearly 168,000. Xpeng also beat its personal best for a second straight month, delivering 23,917 vehicles in October.
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 16.82% 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 -22.86% of loss for the given period.
Volatility was left at 7.72%, however, over the last 30 days, the volatility rate increased by 7.62%, as shares surge +1.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +65.03% upper at present.
During the last 5 trading sessions, ZK fell by -0.76%, in comparison to the 20-day moving average, which settled at $24.43. In addition, ZEEKR Intelligent Technology Holding Ltd. ADR saw -11.99% in overturn over a single year, with a tendency to cut further losses.
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 0.81. 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
In conclusion, ZEEKR Intelligent Technology Holding Ltd. ADR (ZK) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
