Key Points
- Director Yunjie Han sold 9.289 million ZKH Group shares at an average price of $0.08, generating approximately $743,120 and reducing the director’s holdings by 85.79% to 1.54 million shares.
- ZKH Group reported quarterly revenue of $359.7 million and earnings of $0.04 per share, but posted a negative net margin and return on equity.
- Analyst sentiment remains negative overall, with the stock carrying a consensus “Sell” rating; institutional investors own about 9.52% of the company, including a new 2.4 million-share position from Boundless Plain Holdings.
ZKH Group Limited Unsponsored ADR (NYSE:ZKH - Get Free Report) Director Yunjie Han sold 9,289,000 shares of the stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $0.08, for a total value of $743,120.00. Following the completion of the sale, the director owned 1,538,180 shares of the company's stock, valued at approximately $123,054.40. This trade represents a 85.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Yunjie Han also recently made the following trade(s):
- On Wednesday, September 9th, Yunjie Han sold 672,910 shares of ZKH Group stock. The shares were sold at an average price of $0.08, for a total value of $53,832.80.
ZKH Group Price Performance
Shares of ZKH Group stock opened at $2.85 on Wednesday. The company has a market cap of $370.26 million, a PE ratio of -285.50 and a beta of 0.39. The business has a 50 day moving average of $2.90 and a 200 day moving average of $2.91. ZKH Group Limited Unsponsored ADR has a 52 week low of $1.92 and a 52 week high of $3.90. The company has a quick ratio of 1.59, a current ratio of 1.77 and a debt-to-equity ratio of 0.04.
ZKH Group (NYSE:ZKH - Get Free Report) last issued its quarterly earnings data on Friday, August 21st. The company reported $0.04 earnings per share (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 for the quarter.
Analyst Upgrades and Downgrades
Several analysts have commented on the stock. Weiss Ratings restated a "sell (e+)" rating on shares of ZKH Group in a report on Tuesday, September 1st. Wall Street Zen upgraded ZKH Group from a "hold" rating to a "buy" rating in a research report on Saturday, August 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of "Sell".
Get Our Latest Analysis on ZKH Group
Institutional Investors Weigh In On ZKH Group
An institutional investor recently bought a new position in ZKH Group stock. Boundless Plain Holdings Ltd acquired a new position in ZKH Group Limited Unsponsored ADR (NYSE:ZKH - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,397,979 shares of the company's stock, valued at approximately $8,825,000. ZKH Group comprises 2.8% of Boundless Plain Holdings Ltd's portfolio, making the stock its 7th largest position. Boundless Plain Holdings Ltd owned about 1.48% of ZKH Group at the end of the most recent reporting period. 9.52% of the stock is currently owned by institutional investors and hedge funds.
About ZKH Group
(
Get Free Report)
ZKH Group Limited is a China-based maintenance, repair and operations (MRO) products and services provider. The company operates digital procurement platforms that connect industrial product suppliers with business customers, helping organizations source supplies used to maintain, repair and operate factories, facilities and equipment.
Its product offerings include fasteners, bearings, transmission components, electrical and electronic products, tools, hardware, safety supplies and other industrial consumables.
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