ZKH Group (NYSE:ZKH) Stock Price Down 2.3%

ZKH Group Limited (NYSE:ZKHGet Free Report)’s stock price dropped 2.3% during trading on Monday . The company traded as low as $18.70 and last traded at $18.81. Approximately 2,257 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 58,964 shares. The stock had previously closed at $19.26.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft initiated coverage on shares of ZKH Group in a report on Friday, January 26th. They issued a “buy” rating and a $21.30 price target on the stock.

Check Out Our Latest Report on ZKH Group

ZKH Group Stock Performance

The stock has a fifty day simple moving average of $18.23.

ZKH Group (NYSE:ZKHGet Free Report) last announced its quarterly earnings data on Tuesday, March 19th. The company reported $0.04 earnings per share for the quarter. The company had revenue of $344.22 million for the quarter.

About ZKH Group

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

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