DLD Asset Management LP Takes Position in ZEEKR Intelligent Technology Holding Limited Unsponsored ADR $ZK

DLD Asset Management LP bought a new position in ZEEKR Intelligent Technology Holding Limited Unsponsored ADR (NYSE:ZK) during the second quarter, HoldingsChannel reports. The firm bought 70,824 shares of the company’s stock, valued at approximately $1,806,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brooklyn Investment Group raised its holdings in ZEEKR Intelligent Technology by 2,014.8% during the first quarter. Brooklyn Investment Group now owns 1,290 shares of the company’s stock worth $31,000 after buying an additional 1,229 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of ZEEKR Intelligent Technology in the 1st quarter worth about $44,000. XTX Topco Ltd bought a new position in ZEEKR Intelligent Technology in the 2nd quarter valued at about $216,000. Catalyst Funds Management Pty Ltd acquired a new position in ZEEKR Intelligent Technology during the 2nd quarter valued at about $225,000. Finally, Persistent Asset Partners Ltd purchased a new position in shares of ZEEKR Intelligent Technology during the second quarter valued at approximately $255,000.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ZK. Weiss Ratings reissued a “sell (e+)” rating on shares of ZEEKR Intelligent Technology in a research report on Wednesday, October 8th. Wall Street Zen downgraded shares of ZEEKR Intelligent Technology from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $38.00.

ZEEKR Intelligent Technology Trading Down 0.4%

Shares of NYSE ZK opened at $26.77 on Thursday. The stock has a fifty day simple moving average of $28.69 and a two-hundred day simple moving average of $28.38. ZEEKR Intelligent Technology Holding Limited Unsponsored ADR has a 1-year low of $17.91 and a 1-year high of $33.32. The firm has a market cap of $6.86 billion, a price-to-earnings ratio of -17.05 and a beta of 0.06.

ZEEKR Intelligent Technology Company Profile

ZEEKR Intelligent Technology Holding Limited, an investment holding company, engages in the research and development, production, commercialization, and sale of the electric vehicles and batteries. It offers battery electric passenger vehicles (BEVs) and SUVs. The company also produces and sells electric powertrain and battery packs for electric vehicles, such as motors and electric control systems; and provides automotive related research and development services.