ZK International Group (NASDAQ:ZKIN) Shares Up 1.4% – Time to Buy?

ZK International Group Co., Ltd. (NASDAQ:ZKIN) shot up 1.4% on Thursday . The stock traded as high as $1.3950 and last traded at $1.41. Approximately 681 shares traded hands during trading, a decline of 90% from the average session volume of 7,085 shares. The stock had previously closed at $1.39.

Wall Street Analyst Weigh In

Separately, Weiss Ratings downgraded ZK International Group from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, July 7th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, ZK International Group presently has a consensus rating of “Sell”.

ZK International Group Stock Performance

The company’s 50 day moving average price is $1.44 and its 200 day moving average price is $1.52.

ZK International Group Company Profile

ZK International Group Co, Ltd. (“ZKIN”) is a China-based company specializing in the design, manufacture and sale of heating, ventilation and air-conditioning (HVAC) products along with building energy conservation and clean energy utilization systems. The company’s core offerings include terminal climate control products such as radiators, fan coil units and heat exchangers, as well as heating systems including electric boilers, heat pumps and solar water heaters. ZKIN’s integrated solutions are designed to improve energy efficiency in residential, commercial and industrial settings.

In addition to its terminal climate control and heating product lines, ZKIN develops clean energy utilization systems that leverage solar thermal technology and thermal storage to reduce reliance on fossil fuels.