ZKH Group (NYSE:ZKH) Shares Down 5.1%

ZKH Group Limited (NYSE:ZKH)’s stock price fell 5.1% on Monday . The company traded as low as $11.80 and last traded at $11.80. 26,620 shares traded hands during trading, a decline of 54% from the average session volume of 57,384 shares. The stock had previously closed at $12.43.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft began coverage on ZKH Group in a research note on Friday, January 26th. They set a “buy” rating and a $21.30 price objective for the company.

ZKH Group Price Performance

The stock has a fifty day moving average price of $16.88. The company has a quick ratio of 1.56, a current ratio of 1.73 and a debt-to-equity ratio of 0.05.

ZKH Group (NYSE:ZKH) last released its quarterly earnings data on Tuesday, March 19th. The company reported $0.04 EPS for the quarter. The business had revenue of $344.22 million during the quarter.

ZKH Group Company Profile

ZKH Group Limited develops and operates a maintenance, repair, and operating (MRO) products trading and service platform that offers spare parts, chemicals, manufacturing parts, general consumables, and office supplies in the People's Republic of China. The company also provides MRO procurement and management services; digitalized MRO procurement solutions; and logistics and warehousing services.