ZK International Group (NASDAQ:ZKIN) Trading Down 4.2% – Should You Sell?

Shares of ZK International Group Co., Ltd. (NASDAQ:ZKIN) were down 4.2% during mid-day trading on Thursday . The company traded as low as $1.14 and last traded at $1.14. 2,214 shares changed hands during mid-day trading, a decline of 91% from the average session volume of 25,136 shares. The stock had previously closed at $1.19.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of ZK International Group from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, August 26th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, ZK International Group presently has an average rating of “Sell”.

ZK International Group Trading Up 2.7%

The company has a 50-day moving average price of $1.24 and a 200-day moving average price of $1.40.

ZK International Group (NASDAQ:ZKIN) last announced its quarterly earnings results on Friday, August 21st. The company reported ($0.45) earnings per share for the quarter. The company had revenue of $0.50 million for the quarter.

About ZK International Group

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.