ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE: ZK) is -12.61% lower on its value in year-to-date trading and has touched a low of $13.00 and a high of $33.32 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ZK stock was last observed hovering at around $25.77 in the last trading session, with the day’s loss setting it -0.97%.
Currently trading at $24.80, the stock is -11.90% and -6.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.0 million and changing -3.76% at the moment leaves the stock 8.78% off its SMA200. ZK registered a gain of 37.09% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $26.5112 and a 200-day simple moving average (SMA200) of $22.7988.
The stock witnessed a -1.43% loss in the last 1 month and extending the period to 3 months gives it a -18.56%, and is -5.34% 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 5.69% over the week and 8.11% over the month.
ZEEKR Intelligent Technology Holding Ltd. ADR (ZK) has around 17439 employees, a market worth around $6.28B and $10.55B in sales. Fwd P/E is 19.65. Profit margin for the company is -8.46%. Distance from 52-week low is 90.77% and -25.57% from its 52-week high.
The EPS is expected to grow by 75.29% this year
87.0 institutions hold shares in ZEEKR Intelligent Technology Holding Ltd. ADR (ZK), with institutional investors hold 5.34% of the company’s shares. Institutions hold 5.07% of the Float.
The top institutional shareholder in the company is POINT72 HONG KONG LTD with over 1.66 million shares valued at $31.24 million. The investor’s holdings represent 0.7203 of the ZK Shares outstanding. As of 2024-06-30, the second largest holder is POINT72 ASSET MANAGEMENT, L.P. with 1.08 million shares valued at $20.39 million to account for 0.4701 of the shares outstanding. The other top investors are CITADEL ADVISORS LLC which holds 0.48 million shares representing 0.2096 and valued at over $9.09 million, while MORGAN STANLEY holds 0.1077 of the shares totaling 0.25 million with a market value of $4.67 million.
