ZJK Industrial Co., Ltd. (NASDAQ:ZJK – Get Free Report) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 20,609 shares, a decline of 35.8% from the September 30th total of 32,102 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 6,301 shares, the days-to-cover ratio is presently 3.3 days.
Analyst Ratings Changes
Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of ZJK Industrial in a research report on Friday, August 21st. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, ZJK Industrial has a consensus rating of “Reduce”.
Get Our Latest Stock Analysis on ZJK
ZJK Industrial Stock Up 2.8%
ZJK opened at $1.50 on Wednesday. The stock’s 50 day moving average price is $1.97 and its 200-day moving average price is $2.08. ZJK Industrial has a one year low of $1.35 and a one year high of $4.05.
ZJK Industrial (NASDAQ:ZJK – Get Free Report) last issued its quarterly earnings results on Monday, September 21st. The company reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $16.87 million for the quarter.
ZJK Industrial Company Profile
ZJK Industrial Co, Ltd. is a China-based manufacturer of precision metal components and fastening products. The company develops and produces items such as screws, nuts, bolts, washers and other customized hardware used in industrial and commercial applications.
Its manufacturing capabilities include tooling and mold development, precision stamping, CNC machining, surface treatment and component assembly. These services allow ZJK Industrial to provide customized parts and integrated production support for customers that require specialized metal components.
ZJK Industrial serves customers through its operations in China and supplies products for applications that may include electronics, automotive and other industrial equipment.
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