ZKH Group (NYSE:ZKH) Shares Gap Down to $12.34

ZKH Group Limited (NYSE:ZKHGet Free Report)’s share price gapped down prior to trading on Monday . The stock had previously closed at $12.34, but opened at $12.00. ZKH Group shares last traded at $12.20, with a volume of 1,940 shares changing hands.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft initiated 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.

Check Out Our Latest Research Report on ZKH

ZKH Group Trading Up 1.7 %

The firm has a 50-day moving average of $16.11. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.73 and a quick ratio of 1.56.

ZKH Group (NYSE:ZKHGet Free Report) last released its quarterly earnings results on Tuesday, March 19th. The company reported $0.04 EPS for the quarter. The firm had revenue of $344.22 million during the quarter.

ZKH Group Company Profile

(Get Free Report)

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 provides MRO procurement and management services; digitalized MRO procurement solutions; and logistics and warehousing services.

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