ZJK Industrial (NASDAQ:ZJK) Trading 5.5% Higher – What’s Next?

ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report) shares were up 5.5% during trading on Monday . The company traded as high as $9.69 and last traded at $9.38. Approximately 115,608 shares traded hands during trading, a decline of 86% from the average daily volume of 800,105 shares. The stock had previously closed at $8.89.

ZJK Industrial Price Performance

The business has a 50-day simple moving average of $7.37.

Institutional Investors Weigh In On ZJK Industrial

An institutional investor recently bought a new position in ZJK Industrial stock. Murchinson Ltd. purchased a new position in shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJKFree Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned 0.06% of ZJK Industrial as of its most recent filing with the Securities and Exchange Commission.

ZJK Industrial Company Profile

(Get Free Report)

ZJK Industrial Co Ltd. is a high-tech enterprise specialized in manufacturing and sale of precision fasteners, structural parts and other precision metal parts products applied in a variety of industries, including intelligent electronic equipment, new energy vehicles, aerospace, energy storage systems and liquid cooling systems used in artificial intelligence supercomputers.

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