ZJK Industrial (NASDAQ:ZJK) Shares Down 4.7% – Here’s What Happened

ZJK Industrial Co., Ltd. (NASDAQ:ZJK)’s share price fell 4.7% during trading on Friday . The company traded as low as $9.54 and last traded at $9.54. 10,475 shares changed hands during trading, a decline of 83% from the average session volume of 62,473 shares. The stock had previously closed at $10.01.

ZJK Industrial Trading Down 11.2 %

The company has a 50 day simple moving average of $7.73.

Institutional Trading of ZJK Industrial

An institutional investor recently bought a new position in ZJK Industrial stock. Murchinson Ltd. bought a new stake in ZJK Industrial Co., Ltd. (NASDAQ:ZJK) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned 0.06% of ZJK Industrial as of its most recent filing with the Securities & Exchange Commission.

ZJK Industrial Company Profile

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.