ZK International Group (NASDAQ:ZKIN) Trading 2.9% Higher – Should You Buy?

ZK International Group Co., Ltd. (NASDAQ:ZKIN)’s stock price traded up 2.9% during mid-day trading on Thursday . The stock traded as high as $1.52 and last traded at $1.42. 3,026 shares were traded during mid-day trading, a decline of 69% from the average session volume of 9,785 shares. The stock had previously closed at $1.38.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded ZK International Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, May 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

ZK International Group Stock Performance

The company has a fifty day simple moving average of $1.55 and a two-hundred day simple moving average of $1.78. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.02 and a current ratio of 1.44.

ZK International Group (NASDAQ:ZKIN) last posted its earnings results on Wednesday, February 4th. The company reported ($0.28) earnings per share for the quarter. The business had revenue of $15.62 million during the quarter.

ZK International Group Company Profile

ZK International Group Co, Ltd. (“ZKIN”) is a China-based company specializing in the design, manufacture and sale of heating, ventilation and air-conditioning (HVAC) products along with building energy conservation and clean energy utilization systems. The company’s core offerings include terminal climate control products such as radiators, fan coil units and heat exchangers, as well as heating systems including electric boilers, heat pumps and solar water heaters. ZKIN’s integrated solutions are designed to improve energy efficiency in residential, commercial and industrial settings.

In addition to its terminal climate control and heating product lines, ZKIN develops clean energy utilization systems that leverage solar thermal technology and thermal storage to reduce reliance on fossil fuels.