ZEEKR Intelligent Technology Holding Limited (NYSE:ZK – Get Free Report)’s share price traded down 5.4% on Tuesday . The stock traded as low as $19.80 and last traded at $20.22. 96,124 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 835,316 shares. The stock had previously closed at $21.38.
ZEEKR Intelligent Technology Stock Down 7.7 %
The firm’s 50 day moving average is $25.41 and its 200 day moving average is $25.62. The firm has a market capitalization of $5.02 billion and a price-to-earnings ratio of -5.03.
Institutional Investors Weigh In On ZEEKR Intelligent Technology
A number of large investors have recently added to or reduced their stakes in the stock. Quantbot Technologies LP acquired a new position in shares of ZEEKR Intelligent Technology in the fourth quarter valued at $86,000. JPMorgan Chase & Co. bought a new position in ZEEKR Intelligent Technology in the fourth quarter valued at approximately $145,000. Envestnet Asset Management Inc. bought a new position in ZEEKR Intelligent Technology during the fourth quarter worth about $202,000. Barclays PLC lifted its holdings in ZEEKR Intelligent Technology by 28.5% during the third quarter. Barclays PLC now owns 9,456 shares of the company’s stock worth $211,000 after acquiring an additional 2,097 shares in the last quarter. Finally, Wells Fargo & Company MN acquired a new position in shares of ZEEKR Intelligent Technology in the fourth quarter valued at approximately $217,000.
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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