ZEEKR Intelligent Technology Holding Limited (NYSE:ZK – Get Free Report) dropped 2.3% during mid-day trading on Monday . The stock traded as low as $26.10 and last traded at $26.43. Approximately 167,131 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 841,877 shares. The stock had previously closed at $27.06.
ZEEKR Intelligent Technology Trading Up 2.3 %
The business has a fifty day moving average of $26.54 and a 200-day moving average of $25.08. The company has a market cap of $6.58 billion and a PE ratio of -6.69.
Hedge Funds Weigh In On ZEEKR Intelligent Technology
Hedge funds and other institutional investors have recently made changes to their positions in the business. FMR LLC bought a new stake in ZEEKR Intelligent Technology in the fourth quarter valued at $106,036,000. Intel Corp bought a new stake in shares of ZEEKR Intelligent Technology during the 4th quarter valued at about $71,785,000. Vanguard Group Inc. purchased a new position in shares of ZEEKR Intelligent Technology during the fourth quarter valued at about $22,125,000. Renaissance Technologies LLC raised its stake in ZEEKR Intelligent Technology by 90.8% in the fourth quarter. Renaissance Technologies LLC now owns 505,000 shares of the company’s stock worth $14,332,000 after buying an additional 240,300 shares in the last quarter. Finally, Polymer Capital Management HK LTD bought a new position in ZEEKR Intelligent Technology in the third quarter worth about $3,836,000.
About ZEEKR Intelligent Technology
ZEEKR Intelligent Technology Holding Limited, an investment holding company, engages in the research and development, production, commercialization, and sale of the electric vehicles and batteries. It offers battery electric passenger vehicles (BEVs) and SUVs. The company also produces and sells electric powertrain and battery packs for electric vehicles, such as motors and electric control systems; and provides automotive related research and development services.
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