ZKH Group (NYSE:ZKH) Shares Gap Up to $11.79

ZKH Group Limited (NYSE:ZKHGet Free Report)’s share price gapped up prior to trading on Friday . The stock had previously closed at $11.79, but opened at $12.50. ZKH Group shares last traded at $12.40, with a volume of 4,729 shares changing hands.

Analyst Ratings Changes

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

Read Our Latest Report on ZKH Group

ZKH Group Trading Up 5.4 %

The company has a debt-to-equity ratio of 0.05, a current ratio of 1.73 and a quick ratio of 1.56. The business has a fifty day moving average price of $17.01.

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

ZKH Group Company Profile

(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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