ZJK Industrial (NASDAQ:ZJK) Shares Gap Down – Should You Sell?

ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report) gapped down before the market opened on Friday . The stock had previously closed at $8.28, but opened at $8.10. ZJK Industrial shares last traded at $8.19, with a volume of 3,412 shares changing hands.

ZJK Industrial Stock Up 0.6 %

The firm has a 50-day moving average of $9.44.

Institutional Investors Weigh In On ZJK Industrial

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

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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