ZKH Group (NYSE:ZKH) Shares Gap Up to $11.79

ZKH Group Limited (NYSE:ZKHGet Free Report) gapped up before the market opened on Friday . The stock had previously closed at $11.79, but opened at $12.50. ZKH Group shares last traded at $12.40, with a volume of 4,729 shares.

Wall Street Analysts Forecast Growth

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

View Our Latest Stock Analysis on ZKH

ZKH Group Trading Up 5.4 %

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 firm has a fifty day simple moving average of $16.88.

ZKH Group (NYSE:ZKHGet Free Report) last released its earnings results on Tuesday, March 19th. The company reported $0.04 EPS for the quarter. The business had revenue of $344.22 million during the quarter.

ZKH Group Company Profile

(Get Free Report)

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.

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