ZK International Group (NASDAQ:ZKIN) Trading Down 7% – Time to Sell?

Shares of ZK International Group Co., Ltd. (NASDAQ:ZKIN) were down 7% during mid-day trading on Monday . The stock traded as low as $1.60 and last traded at $1.60. Approximately 2,722 shares were traded during trading, a decline of 64% from the average daily volume of 7,536 shares. The stock had previously closed at $1.72.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of ZK International Group in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

ZK International Group Price Performance

The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.02 and a current ratio of 1.44. The stock’s 50 day moving average price is $1.60 and its two-hundred day moving average price is $1.98.

ZK International Group (NASDAQ:ZKIN) last announced its earnings results on Wednesday, February 4th. The company reported ($0.28) EPS for the quarter. The business had revenue of $15.62 million during the quarter.

About ZK International Group

ZK International Group Co, Ltd. (“ZKIN”) is a China-based company specializing in the design, manufacture and sale of heating, ventilation and air-conditioning (HVAC) products along with building energy conservation and clean energy utilization systems. The company’s core offerings include terminal climate control products such as radiators, fan coil units and heat exchangers, as well as heating systems including electric boilers, heat pumps and solar water heaters. ZKIN’s integrated solutions are designed to improve energy efficiency in residential, commercial and industrial settings.

In addition to its terminal climate control and heating product lines, ZKIN develops clean energy utilization systems that leverage solar thermal technology and thermal storage to reduce reliance on fossil fuels.