ZEEKR Intelligent Technology Holding Ltd. ADR (ZK) Has A Bright Growth Prospects For 2024

ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE:ZK) has seen 1.01 million shares traded in the last trading session. The company, currently valued at $5.42B, closed the last trade at $21.90 per share which meant it lost -$1.08 on the day or -4.70% during that session. The ZK stock price is -47.21% off its 52-week high price of $32.24 and 40.64% above the 52-week low of $13.00. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.62 million shares traded. The 3-month trading volume is 728.23K shares.

The consensus among analysts is that ZEEKR Intelligent Technology Holding Ltd. ADR (ZK) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 4 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -1.29.

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

Sporting -4.70% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ZK stock price touched $21.90 or saw a rise of 15.44%. Year-to-date, ZEEKR Intelligent Technology Holding Ltd. ADR shares have moved -22.51%, while the 5-day performance has seen it change -15.80%. Over the past 30 days, the shares of ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE:ZK) have changed 39.05%. Short interest in the company has seen 1.58 million shares shorted with days to cover at 1.98.

Wall Street analysts have a consensus price target for the stock at $33.5, which means that the shares’ value could jump 34.63% from current levels. The projected low price target is $26.0 while the price target rests at a high of $35.0. In that case, then, we find that the current price level is -59.82% off the targeted high while a plunge would see the stock gain -18.72% from current levels.

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

Figures show that ZEEKR Intelligent Technology Holding Ltd. ADR shares have outperformed across the wider relevant industry.

2 analysts offering their estimates for the company have set an average revenue estimate of 2.75B for the current quarter. 2 have an estimated revenue figure of 3.28B for the next ending quarter.

Earnings growth for 2024 is a modest 26.50% while over the next 5 years, the company’s earnings are expected to increase by 44.34%.

ZK Dividends

ZEEKR Intelligent Technology Holding Ltd. ADR is expected to release its next earnings report in November this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.