ZK International Group (NASDAQ:ZKIN) Trading Down 2.8% – What’s Next?

Shares of ZK International Group Co., Ltd. (NASDAQ:ZKINGet Free Report) were down 2.8% during trading on Friday . The company traded as low as $0.50 and last traded at $0.52. Approximately 62,578 shares changed hands during trading, a decline of 59% from the average daily volume of 151,813 shares. The stock had previously closed at $0.53.

ZK International Group Price Performance

The company has a current ratio of 1.55, a quick ratio of 1.22 and a debt-to-equity ratio of 0.30. The company’s 50-day simple moving average is $0.52 and its 200-day simple moving average is $0.55.

ZK International Group Company Profile

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ZK International Group Co, Ltd., through its subsidiaries, engages in the designing, producing, and selling double-press thin-walled stainless steel, carbon steel, and single-press tubes and fittings in the People's Republic of China. It offers carbon and stainless steel strips; carbon and stainless steel pipes; light gauge stainless steel pipes; pipe connections and fittings; and couplings, unions, adapters, caps, plug pipes, elbows, three-way fittings, tees, cross, side-inlet elbows, wyes, reducers, bushings, pipe fasteners, and pipe flanges.

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