ZK International Group (NASDAQ:ZKIN) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

ZK International Group Co., Ltd. (NASDAQ:ZKIN) shares crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $1.47 and traded as high as $1.52. ZK International Group shares last traded at $1.5550, with a volume of 5,406 shares.

Analyst Ratings Changes

Separately, Weiss Ratings lowered shares of ZK International Group from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, October 21st. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, ZK International Group has an average rating of “Sell”.

ZK International Group Stock Performance

The business has a 50 day moving average of $1.47 and a 200 day moving average of $1.47.

ZK International Group (NASDAQ:ZKIN) last released its earnings results on Friday, August 21st. The company reported ($0.45) earnings per share for the quarter. The business had revenue of $0.50 million during the quarter.

ZK International Group Company Profile

ZK International Group Co, Ltd. is an engineering and manufacturing company based in China. Through its operating subsidiary, Zhejiang Zhengkang Industrial Co, Ltd., the company designs, manufactures and supplies stainless steel and carbon steel piping products for infrastructure and industrial applications.

Its product portfolio includes stainless steel pipes, carbon steel pipes, pipe fittings and related piping systems, including thin-wall stainless steel press-fit systems. These products are used in water supply, gas distribution, wastewater treatment, construction and other commercial and industrial projects.

The company was established in 1999 and serves customers primarily in China, with products intended for use in domestic and international infrastructure markets.