ZJK Industrial (NASDAQ:ZJK) Shares Up 11.4% – Still a Buy?

ZJK Industrial Co., Ltd. (NASDAQ:ZJK)’s share price traded up 11.4% during trading on Monday . The company traded as high as $5.00 and last traded at $4.69. 47,929 shares were traded during mid-day trading, a decline of 89% from the average session volume of 454,157 shares. The stock had previously closed at $4.21.

ZJK Industrial Stock Up 11.4 %

The stock has a fifty day moving average price of $5.84 and a 200 day moving average price of $6.92.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ZJK Industrial stock. PEAK6 LLC bought a new position in ZJK Industrial Co., Ltd. (NASDAQ:ZJK) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 60,000 shares of the company’s stock, valued at approximately $561,000. PEAK6 LLC owned about 0.10% of ZJK Industrial at the end of the most recent quarter.

ZJK Industrial Company Profile

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.