ZK International Group Co Ltd (NASDAQ:ZKIN)’s stock price shot up 1.5% during trading on Friday . The company traded as high as $1.33 and last traded at $1.32, 300 shares were traded during mid-day trading. A decline of 100% from the average session volume of 73,711 shares. The stock had previously closed at $1.30.
The business’s 50-day moving average price is $1.38.
A hedge fund recently bought a new stake in ZK International Group stock. Virtu Financial LLC purchased a new stake in shares of ZK International Group Co Ltd (NASDAQ:ZKIN) in the first quarter, according to its most recent filing with the SEC. The firm purchased 73,099 shares of the company’s stock, valued at approximately $113,000. Virtu Financial LLC owned 0.55% of ZK International Group at the end of the most recent quarter. 1.65% of the stock is currently owned by institutional investors and hedge funds.
ZK International Group Co, Ltd., through its subsidiaries, designs, produces, and sells double-press thin-walled stainless steel, carbon steel, and single-press tubes and fittings in the People's Republic of China. The company offers steel strips, steel pipes, and light gauge stainless steel pipes, as well as pipe connections and fittings, such as couplings, adapters, unions, caps, plug pipes, elbows, three-way fittings, tees, cross, side-inlet elbows, wyes, reducers, bushings, pipe fasteners, and pipe flanges.
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