ZKH Group Limited (NYSE:ZKH – Get Free Report) shares traded down 6.3% during mid-day trading on Monday . The stock traded as low as $11.30 and last traded at $11.39. 7,622 shares were traded during mid-day trading, a decline of 87% from the average session volume of 58,975 shares. The stock had previously closed at $12.16.
Analysts Set New Price Targets
Separately, Deutsche Bank Aktiengesellschaft assumed coverage on ZKH Group in a research note on Friday, January 26th. They issued a “buy” rating and a $21.30 target price for the company.
Read Our Latest Research Report on ZKH Group
ZKH Group Price Performance
ZKH Group (NYSE:ZKH – Get Free Report) last issued its earnings results on Tuesday, March 19th. The company reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $344.22 million during the quarter.
ZKH Group Company Profile
ZKH Group Limited develops and operates a maintenance, repair, and operating (MRO) products trading and service platform that offers spare parts, chemicals, manufacturing parts, general consumables, and office supplies in the People's Republic of China. The company also provides MRO procurement and management services; digitalized MRO procurement solutions; and logistics and warehousing services.
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