Zhihu (NYSE:ZH) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Zhihu (NYSE:ZH) from a sell rating to a hold rating in a research report released on Sunday.

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Zhihu in a research note on Monday, December 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Zhihu currently has an average rating of “Sell”.

Zhihu Price Performance

Shares of ZH opened at $3.39 on Friday. The business has a 50-day moving average of $3.85 and a 200-day moving average of $4.33. The company has a market capitalization of $298.52 million, a price-to-earnings ratio of 21.16 and a beta of 0.24. Zhihu has a 1 year low of $3.19 and a 1 year high of $6.32.

Institutional Trading of Zhihu

Institutional investors and hedge funds have recently modified their holdings of the business. Hsbc Holdings PLC purchased a new stake in shares of Zhihu during the first quarter worth $123,000. Jump Financial LLC bought a new stake in shares of Zhihu during the 1st quarter valued at $431,000. Walleye Capital LLC lifted its holdings in Zhihu by 787.7% during the 1st quarter. Walleye Capital LLC now owns 126,426 shares of the company’s stock worth $540,000 after purchasing an additional 112,184 shares in the last quarter. Cubist Systematic Strategies LLC boosted its stake in Zhihu by 1,769.9% in the 1st quarter. Cubist Systematic Strategies LLC now owns 190,786 shares of the company’s stock worth $815,000 after purchasing an additional 180,583 shares during the period. Finally, Acadian Asset Management LLC grew its holdings in Zhihu by 60.0% during the 1st quarter. Acadian Asset Management LLC now owns 2,941,056 shares of the company’s stock valued at $12,526,000 after buying an additional 1,102,401 shares in the last quarter. 28.92% of the stock is owned by hedge funds and other institutional investors.

Zhihu Company Profile

Zhihu is China’s leading online question-and-answer platform, providing a space where users can ask questions, share knowledge, and engage with content across science, technology, business, culture, and lifestyle. Founded in 2011 and headquartered in Beijing, Zhihu has cultivated a community-driven environment that emphasizes credible, in-depth answers from experts, professionals, and enthusiasts.

The company’s core service revolves around its Q&A platform, enabling registered users to post questions and receive comprehensive responses.