ZK International Group Co. Ltd. [NASDAQ: ZKIN] plunged by -$0.93 during the normal trading session on Thursday and reaching a high of $7.04 during the day while it closed the day at $5.81.
ZK International Group Co. Ltd. stock has also loss -25.23% of its value over the past 7 days. However, ZKIN stock has inclined by 69.88% in the 3 months of the year. Over the past six months meanwhile, it has gained 295.24% and gained 124.32% year-on date.
The market cap for ZKIN stock reached $145.42 million, with 16.56 million shares outstanding and 11.27 million shares in the current float. Compared to the average trading volume of 4.70M shares, ZKIN reached a trading volume of 2172804 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about ZK International Group Co. Ltd. [ZKIN]:
The Average True Range (ATR) for ZK International Group Co. Ltd. is set at 1.53, with the Price to Sales ratio for ZKIN stock in the period of the last 12 months amounting to 1.68. The Price to Book ratio for the last quarter was 2.14, with the Price to Cash per share for the same quarter was set at 0.16.
ZKIN stock trade performance evaluation
ZK International Group Co. Ltd. [ZKIN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -25.23. With this latest performance, ZKIN shares dropped by -21.27% in over the last four-week period, additionally plugging by 295.24% over the last 6 months – not to mention a rise of 423.42% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ZKIN stock in for the last two-week period is set at 36.75, with the RSI for the last a single of trading hit 26.58, and the three-weeks RSI is set at 42.44 for ZK International Group Co. Ltd. [ZKIN]. The present Moving Average for the last 50 days of trading for this stock 7.42, while it was recorded at 6.84 for the last single week of trading, and 3.20 for the last 200 days.
ZK International Group Co. Ltd. [ZKIN]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and ZK International Group Co. Ltd. [ZKIN] shares currently have an operating margin of -2.16 and a Gross Margin at +4.54. ZK International Group Co. Ltd.’s Net Margin is presently recorded at -0.95.
Return on Total Capital for ZKIN is now -2.97, given the latest momentum, and Return on Invested Capital for the company is -1.86. Return on Equity for this stock declined to -1.87, with Return on Assets sitting at -1.00. When it comes to the capital structure of this company, ZK International Group Co. Ltd. [ZKIN] has a Total Debt to Total Equity ratio set at 43.41. Additionally, ZKIN Total Debt to Total Capital is recorded at 30.27, with Total Debt to Total Assets ending up at 22.59. Long-Term Debt to Equity for the company is recorded at 0.60, with the Long-Term Debt to Total Capital now at 0.42.
Reflecting on the efficiency of the workforce at the company, ZK International Group Co. Ltd. [ZKIN] managed to generate an average of -$2,681 per employee. Receivables Turnover for the company is 2.78 with a Total Asset Turnover recorded at a value of 1.05.ZK International Group Co. Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.60.
ZK International Group Co. Ltd. [ZKIN]: Insider Ownership positions
There are presently around $4 million, or 2.20% of ZKIN stock, in the hands of institutional investors. The top three institutional holders of ZKIN stocks are: RENAISSANCE TECHNOLOGIES LLC with ownership of 413,071, which is approximately 1.899% of the company’s market cap and around 33.43% of the total institutional ownership; VIRTU FINANCIAL LLC, holding 48,233 shares of the stock with an approximate value of $0.33 million in ZKIN stocks shares; and ACADIAN ASSET MANAGEMENT LLC, currently with $0.32 million in ZKIN stock with ownership of nearly 254.018% of the company’s market capitalization.
7 institutional holders increased their position in ZK International Group Co. Ltd. [NASDAQ:ZKIN] by around 106,913 shares. Additionally, 3 investors decreased positions by around 36,521 shares, while 1 investors held positions by with 400,571 shares. The mentioned changes placed institutional holdings at 544,005 shares, according to the latest SEC report filing. ZKIN stock had 4 new institutional investments in for a total of 28,740 shares, while 3 institutional investors sold positions of 36,521 shares during the same period.