ZKH Group (NYSE:ZKH) Director Sells $743,120.00 in Stock

ZKH Group Limited Unsponsored ADR (NYSE:ZKH) Director Yunjie Han sold 9,289,000 shares of the business’s stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $0.08, for a total transaction of $743,120.00. Following the completion of the sale, the director owned 1,538,180 shares in the company, valued at approximately $123,054.40. This trade represents a 85.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Yunjie Han also recently made the following trade(s):

• On Wednesday, September 9th, Yunjie Han sold 672,910 shares of ZKH Group stock. The stock was sold at an average price of $0.08, for a total transaction of $53,832.80.

ZKH Group Price Performance

Shares of ZKH opened at $2.83 on Friday. ZKH Group Limited Unsponsored ADR has a 1-year low of $1.92 and a 1-year high of $3.90. The stock has a market cap of $366.37 million, a PE ratio of -282.50 and a beta of 0.39. The firm has a 50-day simple moving average of $2.91 and a two-hundred day simple moving average of $2.90. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.77 and a quick ratio of 1.59.

ZKH Group (NYSE:ZKH) last issued its quarterly earnings data on Friday, August 21st. The company reported $0.04 EPS for the quarter. ZKH Group had a negative net margin of 0.02% and a negative return on equity of 0.06%. The firm had revenue of $359.70 million for the quarter.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of ZKH Group in a report on Tuesday, September 1st. Wall Street Zen upgraded ZKH Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

Institutional Trading of ZKH Group

An institutional investor recently bought a new position in ZKH Group stock. Boundless Plain Holdings Ltd bought a new stake in ZKH Group Limited Unsponsored ADR (NYSE:ZKH) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 2,397,979 shares of the company’s stock, valued at approximately $8,825,000. ZKH Group comprises about 2.8% of Boundless Plain Holdings Ltd’s holdings, making the stock its 7th largest position. Boundless Plain Holdings Ltd owned approximately 1.48% of ZKH Group at the end of the most recent quarter. 9.52% of the stock is owned by institutional investors and hedge funds.

About ZKH Group

ZKH Group Limited is a China-based maintenance, repair and operations (MRO) products and services provider. The company operates digital procurement platforms that connect industrial product suppliers with business customers, helping organizations source supplies used to maintain, repair and operate factories, facilities and equipment.

Its product offerings include fasteners, bearings, transmission components, electrical and electronic products, tools, hardware, safety supplies and other industrial consumables.