ZKH Group (NYSE:ZKH) Shares Gap Down to $12.34

ZKH Group Limited (NYSE:ZKHGet Free Report)’s share price gapped down before the market opened on Monday . The stock had previously closed at $12.34, but opened at $12.00. ZKH Group shares last traded at $12.20, with a volume of 1,940 shares.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft initiated coverage on 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 Trading Up 3.2 %

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’s 50-day simple moving average is $16.23.

ZKH Group (NYSE:ZKHGet Free Report) last released its quarterly earnings data on Tuesday, March 19th. The company reported $0.04 EPS for the quarter. The business had revenue of $344.22 million during 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 provides MRO procurement and management services; digitalized MRO procurement solutions; and logistics and warehousing services.

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