ZJK Industrial (NASDAQ:ZJK) Shares Gap Down – Should You Sell?

ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $9.31, but opened at $9.10. ZJK Industrial shares last traded at $9.58, with a volume of 20,046 shares changing hands.

ZJK Industrial Price Performance

The company’s 50-day simple moving average is $7.63.

Institutional Trading of ZJK Industrial

An institutional investor recently bought a new position in ZJK Industrial stock. Murchinson Ltd. bought a new position in ZJK Industrial Co., Ltd. (NASDAQ:ZJKFree Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned 0.06% of ZJK Industrial as of its most recent filing with the Securities and Exchange Commission.

ZJK Industrial Company Profile

(Get Free Report)

ZJK Industrial Co Ltd. is a high-tech enterprise specialized in manufacturing and sale of precision fasteners, structural parts and other precision metal parts products applied in a variety of industries, including intelligent electronic equipment, new energy vehicles, aerospace, energy storage systems and liquid cooling systems used in artificial intelligence supercomputers.

Further Reading

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