Yunjie Han Sells 672,910 Shares of ZKH Group (NYSE:ZKH) Stock

ZKH Group Limited Unsponsored ADR (NYSE:ZKH) Director Yunjie Han sold 672,910 shares of the firm’s stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $0.08, for a total transaction of $53,832.80. Following the completion of the transaction, the director owned 10,827,180 shares of the company’s stock, valued at approximately $866,174.40. The trade was a 5.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

ZKH Group Stock Performance

ZKH Group stock opened at $2.92 on Friday. ZKH Group Limited Unsponsored ADR has a fifty-two week low of $1.92 and a fifty-two week high of $3.90. The firm’s 50 day simple moving average is $2.89 and its 200-day simple moving average is $2.93. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.77 and a quick ratio of 1.59. The company has a market cap of $378.05 million, a P/E ratio of -291.50 and a beta of 0.39.

ZKH Group (NYSE:ZKH) last issued its quarterly earnings results on Friday, August 21st. The company reported $0.04 EPS for the quarter. ZKH Group had a negative net margin of 0.02% and a negative return on equity of 0.06%. The business had revenue of $359.70 million during the quarter.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ZKH. XTX Topco Ltd purchased a new stake in ZKH Group in the 2nd quarter worth approximately $33,000. Jane Street Group LLC acquired a new stake in shares of ZKH Group during the 1st quarter valued at $66,000. Goldman Sachs Group Inc. purchased a new position in shares of ZKH Group during the 4th quarter valued at $106,000. Jain Global LLC purchased a new position in shares of ZKH Group during the 3rd quarter valued at $238,000. Finally, Invesco Ltd. acquired a new position in shares of ZKH Group in the fourth quarter worth $291,000. 9.52% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently commented on the company. Wall Street Zen raised ZKH Group from a “hold” rating to a “buy” rating in a research report on Saturday, August 29th. Weiss Ratings reissued a “sell (e+)” rating on shares of ZKH Group in a research report on Tuesday, September 1st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

About ZKH Group

ZKH Group Limited develops and operates a maintenance, repair, and operating (MRO) products trading and service platform that offers spare parts, chemicals, manufacturing parts, general consumables, and office supplies in the People’s Republic of China. The company provides MRO procurement and management services; digitalized MRO procurement solutions; and logistics and warehousing services. It also engages in the production and sale of intelligent warehousing equipment. ZKH Group Limited was founded in 1998 and is based in Shanghai, the People’s Republic of China.