ZK International Group Co. Ltd. (NASDAQ: ZKIN) is 112.74% higher on its value in year-to-date trading and has touched a low of $1.02 and a high of $14.60 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ZKIN stock was last observed hovering at around $6.17 in the last trading session, with the day’s loss setting it -0.66%.
Currently trading at $5.51, the stock is -38.24% and -26.19% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.93 million and changing -10.70% at the moment leaves the stock 70.94% off its SMA200. ZKIN registered 424.76% gain for a year compared to 6-month gain of 290.78%. The firm has a 50-day simple moving average (SMA 50) of $8.13 and a 200-day simple moving average (SMA200) of $3.69.
The stock witnessed a -37.17% loss in the last 1 month and extending the period to 3 months gives it a 68.50%, and is -20.26% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 15.64% over the week and 20.22% over the month.
ZK International Group Co. Ltd. (ZKIN) has around 308 employees, a market worth around $131.36M and $86.80M in sales. Profit margin for the company is -1.00%. Distance from 52-week low is 440.20% and -62.26% from its 52-week high. The company has generated returns on investments over the last 12 months (0.10%).
ZK International Group Co. Ltd. (ZKIN) Analyst Forecasts
The EPS is expected to shrink by -110.20% this year.
ZK International Group Co. Ltd. (ZKIN) Top Institutional Holders
10 institutions hold shares in ZK International Group Co. Ltd. (ZKIN), with 6.6M shares held by insiders accounting for 33.43% while institutional investors hold 3.36% of the company’s shares. The shares outstanding are 16.56M, and float is at 11.27M with Short Float at 12.32%. Institutions hold 2.24% of the Float.
The top institutional shareholder in the company is Renaissance Technologies, LLC with over 0.41 million shares valued at $1.07 million. The investor’s holdings represent 1.94% of the ZKIN Shares outstanding. As of Dec 30, 2020, the second largest holder is Virtu Financial LLC with 48233.0 shares valued at $0.12 million to account for 0.23% of the shares outstanding. The other top investors are Acadian Asset Management which holds 47711.0 shares representing 0.22% and valued at over $0.12 million, while Two Sigma Investments, LP holds 0.12% of the shares totaling 26210.0 with a market value of $67883.0.