ZEEKR Intelligent Technology Holding Limited (NYSE:ZK – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $32.25 and last traded at $31.84, with a volume of 480026 shares changing hands. The stock had previously closed at $29.73.
Wall Street Analyst Weigh In
A number of analysts have commented on the company. CICC Research initiated coverage on ZEEKR Intelligent Technology in a research report on Friday, October 25th. They issued an “outperform” rating and a $31.74 price target for the company. Macquarie began coverage on shares of ZEEKR Intelligent Technology in a report on Thursday, October 3rd. They issued an “outperform” rating and a $33.00 target price for the company. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, ZEEKR Intelligent Technology has an average rating of “Buy” and an average target price of $32.02.
Check Out Our Latest Analysis on ZK
ZEEKR Intelligent Technology Price Performance
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the business. Point72 Hong Kong Ltd bought a new stake in shares of ZEEKR Intelligent Technology during the second quarter valued at approximately $31,236,000. WT Asset Management Ltd purchased a new position in ZEEKR Intelligent Technology during the third quarter valued at $446,000. Point72 Asset Management L.P. bought a new stake in ZEEKR Intelligent Technology in the 2nd quarter valued at $20,388,000. Westwood Holdings Group Inc. purchased a new stake in ZEEKR Intelligent Technology in the 2nd quarter worth $1,288,000. Finally, Prudential PLC bought a new position in shares of ZEEKR Intelligent Technology during the 2nd quarter valued at about $4,194,000.
About ZEEKR Intelligent Technology
ZEEKR Intelligent Technology Holding Limited, an investment holding company, engages in the research and development, production, commercialization, and sale of the electric vehicles and batteries. It offers battery electric passenger vehicles (BEVs) and SUVs. The company also produces and sells electric powertrain and battery packs for electric vehicles, such as motors and electric control systems; and provides automotive related research and development services.
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