ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE: ZK) Stock Jumped 11.05% Over A Month – Are There Any Chances Of Growth?

During the recent session, ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE:ZK)’s traded shares were 0.42 million. At the last check today, the stock’s price was $17.08, reflecting an intraday gain of 5.43% or $0.88. The 52-week high for the ZK share is $32.24, that puts it down -88.76 from that peak though still a striking 23.89% gain since the share price plummeted to a 52-week low of $13.00. The company’s market capitalization is $4.23B, and the average intraday trading volume over the past 10 days was 0.55 million shares, and the average trade volume was 452.81K shares over the past three months.

ZEEKR Intelligent Technology Holding Ltd. ADR (ZK) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. ZK has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -2.45.

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ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE:ZK) trade information

ZEEKR Intelligent Technology Holding Ltd. ADR (ZK) registered a 5.43% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 5.43% in intraday trading to $17.08, hitting a weekly high. The stock’s 5-day price performance is 0.47%, and it has moved by 11.05% in 30 days. The short interest in ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE:ZK) is 0.71 million shares and it means that shorts have 2.14 day(s) to cover.

The consensus price target of analysts on Wall Street is $34, which implies an increase of 49.76% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $26 and $35 respectively. As a result, ZK is trading at a discount of -104.92% off the target high and -52.22% off the low.

ZEEKR Intelligent Technology Holding Ltd. ADR (ZK) estimates and forecasts

Statistics show that ZEEKR Intelligent Technology Holding Ltd. ADR has outperformed its competitors in share price, compared to the industry in which it operates.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 2.68B as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 3.13B by the end of current fiscal year.

While earnings are projected to return 24.22% in 2024, the next five years will return 26.50% per annum.

ZK Dividends

ZEEKR Intelligent Technology Holding Ltd. ADR is due to release its next quarterly earnings on 2024-Aug-21. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE:ZK)’s Major holders

Also, the Mutual Funds coming in first place with the largest holdings of ZEEKR Intelligent Technology Holding Ltd. ADR (ZK) shares are Renaissance Capital Greenwich Fds-Renaissance IPO ETF Fd and Oaktree Emerging Markets Equity Fund. Data provided on Jun 30, 2024 indicates that Renaissance Capital Greenwich Fds-Renaissance IPO ETF Fd owns about 18.91 shares. This amounts to just over 0.01 percent of the company’s overall shares, with a $0.33 million market value. The same data shows that the other fund manager holds slightly less at 52.0, or about 0.00% of the stock, which is worth about $903.0.