ZJK Industrial (NASDAQ:ZJK) Shares Gap Up – Here’s Why

ZJK Industrial Co., Ltd. (NASDAQ:ZJKGet Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $9.11, but opened at $9.65. ZJK Industrial shares last traded at $9.64, with a volume of 25,179 shares changing hands.

ZJK Industrial Stock Performance

The company has a 50 day moving average of $8.07.

Hedge Funds Weigh In On ZJK Industrial

An institutional investor recently bought a new position in ZJK Industrial stock. Murchinson Ltd. acquired a new position in ZJK Industrial Co., Ltd. (NASDAQ:ZJKFree Report) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 35,000 shares of the company’s stock, valued at approximately $175,000. Murchinson Ltd. owned 0.06% of ZJK Industrial as of its most recent filing with the SEC.

ZJK Industrial Company Profile

(Get Free Report)

ZJK Industrial Co Ltd. is a high-tech enterprise specialized in manufacturing and sale of precision fasteners, structural parts and other precision metal parts products applied in a variety of industries, including intelligent electronic equipment, new energy vehicles, aerospace, energy storage systems and liquid cooling systems used in artificial intelligence supercomputers.

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