ZJK Industrial (NASDAQ:ZJK) Shares Down 6.4% – Should You Sell?

ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report)’s stock price traded down 6.4% on Friday . The stock traded as low as $9.10 and last traded at $9.47. 56,378 shares were traded during mid-day trading, a decline of 93% from the average session volume of 809,558 shares. The stock had previously closed at $10.12.

ZJK Industrial Price Performance

The stock’s 50-day moving average price is $7.37.

Institutional Investors Weigh In On ZJK Industrial

An institutional investor recently bought a new position in ZJK Industrial stock. Murchinson Ltd. bought a new position in shares of ZJK Industrial Co., Ltd. (NASDAQ:ZJKFree Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned about 0.06% of ZJK Industrial as of its most recent filing with the Securities & Exchange Commission.

About ZJK Industrial

(Get Free Report)

ZJK Industrial Co Ltd. is a high-tech enterprise specialized in manufacturing and sale of precision fasteners, structural parts and other precision metal parts products applied in a variety of industries, including intelligent electronic equipment, new energy vehicles, aerospace, energy storage systems and liquid cooling systems used in artificial intelligence supercomputers.

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