ZKH Group (NYSE:ZKH) Shares Gap Up to $13.51

Shares of ZKH Group Limited (NYSE:ZKH) gapped up prior to trading on Thursday . The stock had previously closed at $13.51, but opened at $13.90. ZKH Group shares last traded at $13.70, with a volume of 5,324 shares.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft started coverage on ZKH Group in a research note on Friday, January 26th. They issued a “buy” rating and a $21.30 price target for the company.

ZKH Group Trading Down 6.7 %

The company has a quick ratio of 1.56, a current ratio of 1.73 and a debt-to-equity ratio of 0.05. The stock’s 50-day simple moving average is $17.52.

ZKH Group (NYSE:ZKH) last posted its quarterly earnings data on Tuesday, March 19th. The company reported $0.04 EPS for the quarter. The firm had revenue of $344.22 million for the quarter.

ZKH Group Company Profile

ZKH Group Limited develops and operates a maintenance, repair, and operating (MRO) products trading and service platform that offers spare parts, chemicals, manufacturing parts, general consumables, and office supplies in the People's Republic of China. The company also provides MRO procurement and management services; digitalized MRO procurement solutions; and logistics and warehousing services.