ZK International Group Co., Ltd. (NASDAQ:ZKIN – Get Free Report)’s share price dropped 2.8% during mid-day trading on Friday . The company traded as low as $0.50 and last traded at $0.52. Approximately 62,578 shares were traded during mid-day trading, a decline of 59% from the average daily volume of 151,813 shares. The stock had previously closed at $0.53.
ZK International Group Stock Down 2.8 %
The company has a quick ratio of 1.22, a current ratio of 1.55 and a debt-to-equity ratio of 0.30. The firm’s fifty day moving average is $0.52 and its 200 day moving average is $0.54.
About ZK International Group
ZK International Group Co, Ltd., through its subsidiaries, engages in the designing, producing, and selling double-press thin-walled stainless steel, carbon steel, and single-press tubes and fittings in the People's Republic of China. It offers carbon and stainless steel strips; carbon and stainless steel pipes; light gauge stainless steel pipes; pipe connections and fittings; and couplings, unions, adapters, caps, plug pipes, elbows, three-way fittings, tees, cross, side-inlet elbows, wyes, reducers, bushings, pipe fasteners, and pipe flanges.
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