ZJK Industrial (NASDAQ:ZJK) Shares Gap Down – Here’s Why

ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $8.99, but opened at $8.73. ZJK Industrial shares last traded at $8.81, with a volume of 9,929 shares changing hands.

ZJK Industrial Price Performance

The stock has a 50-day simple moving average of $9.55.

Institutional Trading of ZJK Industrial

An institutional investor recently bought a new position in ZJK Industrial stock. Murchinson Ltd. purchased a new position in ZJK Industrial Co., Ltd. (NASDAQ:ZJKFree Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned 0.06% of ZJK Industrial at the end of the most recent reporting period.

About ZJK Industrial

(Get Free Report)

ZJK Industrial Co Ltd. is a high-tech enterprise specialized in manufacturing and sale of precision fasteners, structural parts and other precision metal parts products applied in a variety of industries, including intelligent electronic equipment, new energy vehicles, aerospace, energy storage systems and liquid cooling systems used in artificial intelligence supercomputers.

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