ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE: ZK) has experienced a rise in its stock price by 1.70 compared to its previous closing price of 22.36. However, the company has seen a gain of 0.09% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-18 that Zeekr’s revenue and earnings missed expectations due to intense price competition among Chinese EV makers and a weak consumption environment. The macro-environment in China favors low-cost EVs, making it challenging for premium brands like Zeekr to maintain margins and pricing power. The integration of Lynk & Co. with Zeekr could further pressure profitability, given Lynk’s focus on value-seeking consumers in lower-tier cities.
Is It Worth Investing in ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE: ZK) Right Now?
Analysts have varying views on the stock, with 7 analysts rating it as a “buy,” 3 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The average trading volume for ZK on November 27, 2024 was 1.16M shares.
ZK’s Market Performance
ZK stock saw a decrease of 0.09% in the past week, with a monthly decline of -14.25% and a quarterly a decrease of 40.37%. The volatility ratio for the week is 5.83%, and the volatility levels for the last 30 days are 9.09% for ZEEKR Intelligent Technology Holding Ltd. ADR (ZK). The simple moving average for the past 20 days is -5.60% for ZK’s stock, with a 8.97% simple moving average for the past 200 days.
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 -2.75% 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 -29.47% of loss for the given period.
Volatility was left at 9.09%, however, over the last 30 days, the volatility rate increased by 5.83%, as shares sank -15.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +46.50% upper at present.
During the last 5 trading sessions, ZK fell by -2.24%, in comparison to the 20-day moving average, which settled at $24.06. In addition, ZEEKR Intelligent Technology Holding Ltd. ADR saw -19.53% 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:
- -0.14 for the present operating margin
- 0.16 for the gross margin
The net margin for ZEEKR Intelligent Technology Holding Ltd. ADR stands at -0.09. The total capital return value is set at 0.55.
Based on ZEEKR Intelligent Technology Holding Ltd. ADR (ZK), the company’s capital structure generated 5.66 points at debt to capital in total, while cash flow to debt ratio is standing at 0.0. The debt to equity ratio resting at -1.21. The interest coverage ratio of the stock is -100.35.
Currently, EBITDA for the company is -7.33 billion with net debt to EBITDA at -2.68. When we switch over and look at the enterprise to sales, we see a ratio of 0.57. The receivables turnover for the company is 2.65for trailing twelve months and the total asset turnover is 0.78. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.64.
Conclusion
In conclusion, ZEEKR Intelligent Technology Holding Ltd. ADR (ZK) has had a mixed performance lately. Opinion on the stock among analysts is bullish, 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.
