Zhihu Stock Scheduled to Reverse Split on Friday, May 10th (NYSE:ZH)

Zhihu Inc. (NYSE:ZH) shares are going to reverse split on Friday, May 10th. The 1-6 reverse split was announced on Friday, May 10th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, May 10th.

Zhihu Stock Up 2.7 %

Zhihu stock opened at $0.68 on Monday. Zhihu has a 12 month low of $0.61 and a 12 month high of $1.25. The stock has a market cap of $417.27 million, a P/E ratio of -3.57 and a beta of 0.25. The company’s fifty day simple moving average is $0.72 and its 200-day simple moving average is $0.84.

Zhihu (NYSE:ZH) last released its quarterly earnings data on Tuesday, March 26th. The company reported ($0.03) earnings per share (EPS) for the quarter. Zhihu had a negative net margin of 20.00% and a negative return on equity of 16.32%. The firm had revenue of $160.33 million for the quarter.

Institutional Investors Weigh In On Zhihu

Large investors have recently made changes to their positions in the company. Tower Research Capital LLC TRC lifted its position in Zhihu by 244.1% during the 4th quarter. Tower Research Capital LLC TRC now owns 41,649 shares of the company’s stock worth $39,000 after acquiring an additional 29,546 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its holdings in Zhihu by 237.4% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 38,406 shares of the company’s stock valued at $40,000 after buying an additional 27,024 shares during the last quarter. QCM Cayman Ltd. bought a new position in Zhihu in the 3rd quarter worth approximately $46,000. Caxton Associates LP lifted its holdings in shares of Zhihu by 109.1% during the third quarter. Caxton Associates LP now owns 112,330 shares of the company’s stock worth $117,000 after buying an additional 58,617 shares during the last quarter. Finally, Jump Financial LLC acquired a new position in Zhihu during the 3rd quarter valued at $380,000. Institutional investors own 28.92% of the company’s stock.

About Zhihu

Zhihu Inc operates an online content community in the People's Republic of China. Its community allows people to seek inspiration, find solutions, make decisions, and have fun. The company offers technology, business support, and consulting services; information transmission, software, and information technology services.