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 $12.01, but opened at $10.85. ZJK Industrial shares last traded at $10.51, with a volume of 192,731 shares trading hands.

ZJK Industrial Stock Down 9.5 %

The stock’s 50 day moving average is $8.07.

Institutional Investors Weigh In On ZJK Industrial

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

About ZJK Industrial

(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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