ZEEKR Intelligent Technology Holding Ltd. ADR’s (NYSE:ZK) Forecasted Growth Is -69.71% Or More

In last trading session, ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE:ZK) saw 0.61 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $15.32 trading at -$1.66 or -9.78% at ring of the bell on the day assigns it a market valuation of $3.79B. That closing price of ZK’s stock is at a discount of -110.44% from its 52-week high price of $32.24 and is indicating a premium of 15.14% from its 52-week low price of $13.00. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.55 million shares which gives us an average trading volume of 456.80K if we extend that period to 3-months.

For ZEEKR Intelligent Technology Holding Ltd. ADR (ZK), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -2.47 in the current quarter.

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

Upright in the red during last session for losing -9.78%, in the last five days ZK remained trading in the red while hitting it’s week-highest on Friday, 08/30/24 when the stock touched $15.32 price level, adding 14.89% to its value on the day. ZEEKR Intelligent Technology Holding Ltd. ADR’s shares saw a change of -45.79% in year-to-date performance and have moved -5.43% in past 5-day. ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE:ZK) showed a performance of 1.46% in past 30-days. Number of shares sold short was 0.71 million shares which calculate 2.14 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 34 to the stock, which implies a rise of 54.94% to its current value. Analysts have been projecting 26 as a low price target for the stock while placing it at a high target of 35. It follows that stock’s current price would drop -69.71% in reaching the projected high whereas dropping to the targeted low would mean a loss of -69.71% for stock’s current value.

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

Statistics highlight that ZEEKR Intelligent Technology Holding Ltd. ADR is scoring comparatively higher than the scores of other players of the relevant industry. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.69B for the same. And 1 analysts are in estimates of company making revenue of 3.14B in the next quarter.

In 2024, company’s earnings growth rate is likely to be around 24.27% while estimates for its earnings growth in next 5 years are of 26.50%.