Zhihu (NYSE:ZH) Downgraded to “Sell” Rating by Wall Street Zen

Wall Street Zen cut shares of Zhihu (NYSE:ZH) from a hold rating to a sell rating in a research report released on Saturday.

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Zhihu in a research report on Tuesday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

Zhihu Stock Performance

Shares of Zhihu stock opened at $3.56 on Friday. Zhihu has a one year low of $3.19 and a one year high of $6.32. The company has a market cap of $313.52 million, a P/E ratio of 22.22 and a beta of 0.24. The firm has a fifty day moving average of $3.94 and a two-hundred day moving average of $4.35.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. lifted its position in shares of Zhihu by 44.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 36,088 shares of the company’s stock valued at $183,000 after acquiring an additional 11,082 shares during the period. Acadian Asset Management LLC increased its stake in Zhihu by 60.0% in the 1st quarter. Acadian Asset Management LLC now owns 2,941,056 shares of the company’s stock valued at $12,526,000 after purchasing an additional 1,102,401 shares in the last quarter. Cubist Systematic Strategies LLC increased its stake in Zhihu by 1,769.9% in the 1st quarter. Cubist Systematic Strategies LLC now owns 190,786 shares of the company’s stock valued at $815,000 after purchasing an additional 180,583 shares in the last quarter. Walleye Capital LLC raised its holdings in Zhihu by 787.7% during the first quarter. Walleye Capital LLC now owns 126,426 shares of the company’s stock worth $540,000 after purchasing an additional 112,184 shares during the last quarter. Finally, Jump Financial LLC purchased a new stake in Zhihu during the first quarter worth $431,000. 28.92% of the stock is currently owned by institutional investors and hedge funds.

About Zhihu

Zhihu is China’s leading online question-and-answer platform, providing a space where users can ask questions, share knowledge, and engage with content across science, technology, business, culture, and lifestyle. Founded in 2011 and headquartered in Beijing, Zhihu has cultivated a community-driven environment that emphasizes credible, in-depth answers from experts, professionals, and enthusiasts.

The company’s core service revolves around its Q&A platform, enabling registered users to post questions and receive comprehensive responses.