ZK International Group (NASDAQ:ZKIN) Trading 1.4% Higher – Here’s Why

ZK International Group Co., Ltd. (NASDAQ:ZKIN)’s stock price traded up 1.4% during mid-day trading on Thursday . The company traded as high as $1.3950 and last traded at $1.41. Approximately 681 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 7,085 shares. The stock had previously closed at $1.39.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of ZK International Group from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, ZK International Group presently has an average rating of “Sell”.

ZK International Group Stock Down 4.3%

The stock’s fifty day simple moving average is $1.44 and its two-hundred day simple moving average is $1.52.

ZK International Group Company Profile

ZK International Group Co, Ltd. (“ZKIN”) is a China-based company specializing in the design, manufacture and sale of heating, ventilation and air-conditioning (HVAC) products along with building energy conservation and clean energy utilization systems. The company’s core offerings include terminal climate control products such as radiators, fan coil units and heat exchangers, as well as heating systems including electric boilers, heat pumps and solar water heaters. ZKIN’s integrated solutions are designed to improve energy efficiency in residential, commercial and industrial settings.

In addition to its terminal climate control and heating product lines, ZKIN develops clean energy utilization systems that leverage solar thermal technology and thermal storage to reduce reliance on fossil fuels.