ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE: ZK) Stock: Does It Mean Opportunity?

In the last trading session, 1.92 million shares of the ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE:ZK) were traded. Most recently the company’s share price was $29.47, and it changed around $3.48 or 13.39% from the last close, which brings the market valuation of the company to $7.30B. ZK currently trades at a discount to its 52-week high of $32.24, offering almost -9.4% off that amount. The share price’s 52-week low was $13.00, which indicates that the current value has risen by an impressive 55.89% since then. We note from ZEEKR Intelligent Technology Holding Ltd. ADR’s average daily trading volume that its 10-day average is 0.69 million shares, with the 3-month average coming to 1.19 million.

ZEEKR Intelligent Technology Holding Ltd. ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 9 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 0 recommended ZK as a Hold, whereas 7 deemed it a Buy, and 0 rated it as Underweight.

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

Instantly ZK has showed a green trend with a performance of 13.39% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 30.28 on recent trading dayincreased the stock’s daily price by 2.68%. The company’s shares are currently up 4.28% year-to-date, but still up 23.00% over the last five days. On the other hand, ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE:ZK) is 15.70% up in the 30-day period. We can see from the shorts that 1.88 million shares have been sold at a short interest cover period of 1.32 day(s).

The consensus price target as assigned by Wall Street analysts is $32, which translates to bulls needing to increase their stock price by 7.91% from its current value. Analyst projections state that ZK is forecast to be at a low of $26 and a high of $38.

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

ZEEKR Intelligent Technology Holding Ltd. ADR share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 24.56 percent over the past six months and at a 69.49% annual growth rate that is well above the industry average of 7.00%.

ZEEKR Intelligent Technology Holding Ltd. ADR earnings are expected to increase by 33.11% in 2024, but the outlook is positive 29.03% per year for the next five years.