ZEEKR Intelligent Technology Holding Ltd. ADR [NYSE: ZK] gained 11.51% or 2.6 points to close at $25.19 with a heavy trading volume of 4985094 shares.
The daily chart for ZK points out that the company has recorded -0.87% loss over the past six months.
If we look at the average trading volume of 722.09K shares, ZK reached to a volume of 4985094 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about ZEEKR Intelligent Technology Holding Ltd. ADR [ZK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ZK shares is $38.54 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ZK stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Macquarie have made an estimate for ZEEKR Intelligent Technology Holding Ltd. ADR shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on October 03, 2024. While these analysts kept the previous recommendation, Citigroup raised their target price to Buy. The new note on the price target was released on June 24, 2024, representing the official price target for ZEEKR Intelligent Technology Holding Ltd. ADR stock. Previously, the target price had yet another raise to $34, while Goldman analysts kept a Buy rating on ZK stock.
The Average True Range (ATR) for ZEEKR Intelligent Technology Holding Ltd. ADR is set at 1.40, with the Price to Sales ratio for ZK stock in the period of the last 12 months amounting to 0.60.
Trading performance analysis for ZK stock
ZEEKR Intelligent Technology Holding Ltd. ADR [ZK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 17.16. With this latest performance, ZK shares gained by 22.82% in over the last four-week period, additionally sinking by -0.87% over the last 6 months.
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 ZK stock in for the last two-week period is set at 63.37, with the RSI for the last a single of trading hit 73.65, and the three-weeks RSI is set at 57.24 for ZEEKR Intelligent Technology Holding Ltd. ADR [ZK]. The present Moving Average for the last 50 days of trading for this stock 24.29, while it was recorded at 22.77 for the last single week of trading, and 23.01 for the last 200 days.
ZEEKR Intelligent Technology Holding Ltd. ADR [ZK]: A deeper dive into fundamental analysis
ZEEKR Intelligent Technology Holding Ltd. ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.48 and a Current Ratio set at 0.62.
An analysis of Institutional ownership at ZEEKR Intelligent Technology Holding Ltd. ADR [ZK]
The top three institutional holders of ZK stocks are: POINT72 HONG KONG LTD with ownership of 1.66 million shares, which is approximately 0.7203%. POINT72 ASSET MANAGEMENT, L.P., holding 1.08 million shares of the stock with an approximate value of $$20.39 million in ZK stocks shares; and POINT72 ASSET MANAGEMENT, L.P., currently with $$17.48 million in ZK stock with ownership which is approximately 0.403%.
