Zhihu (NYSE:ZH – Get Free Report) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.
Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Zhihu in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Zhihu has a consensus rating of “Sell”.
Zhihu Price Performance
Zhihu (NYSE:ZH – Get Free Report) last released its quarterly earnings results on Wednesday, March 25th. The company reported ($0.38) earnings per share for the quarter, missing the consensus estimate of ($0.08) by ($0.30). The company had revenue of $91.98 million for the quarter, compared to analysts’ expectations of $640.41 million. Zhihu had a negative net margin of 7.18% and a negative return on equity of 4.82%.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Zhihu stock. Ameriprise Financial Inc. grew its position in Zhihu Inc. Sponsored ADR (NYSE:ZH – Free Report) by 44.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 36,088 shares of the company’s stock after purchasing an additional 11,082 shares during the quarter. Ameriprise Financial Inc.’s holdings in Zhihu were worth $183,000 at the end of the most recent reporting period. Institutional investors own 28.92% of the company’s stock.
Zhihu Company Profile
Zhihu is China’s leading online question-and-answer platform, providing a space where users can ask questions, share knowledge, and engage with content across science, technology, business, culture, and lifestyle. Founded in 2011 and headquartered in Beijing, Zhihu has cultivated a community-driven environment that emphasizes credible, in-depth answers from experts, professionals, and enthusiasts.
The company’s core service revolves around its Q&A platform, enabling registered users to post questions and receive comprehensive responses.
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