Now Is A Good Time To Buy ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE: ZK)

ZM Stock

During the last session, ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE:ZK)’s traded shares were 0.98 million. At the end of the trading day, the stock’s price was $28.19, reflecting an intraday loss of -0.39% or -$0.11. The 52-week high for the ZK share is $32.24, that puts it down -14.37 from that peak though still a striking 53.88% gain since the share price plummeted to a 52-week low of $13.00. The company’s market capitalization is $6.98B, and the average intraday trading volume over the past 10 days was 0.8 million shares, and the average trade volume was 1.22 million 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 -2.65.

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

ZEEKR Intelligent Technology Holding Ltd. ADR (ZK) registered a -0.39% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.39% in intraday trading to $28.19, hitting a weekly high. The stock’s 5-day price performance is 12.00%, and it has moved by 8.42% in 30 days. The short interest in ZEEKR Intelligent Technology Holding Ltd. ADR (NYSE:ZK) is 1.88 million shares and it means that shorts have 1.32 day(s) to cover.

The consensus price target of analysts on Wall Street is $32, which implies an increase of 11.91% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $26 and $38 respectively. As a result, ZK is trading at a discount of -34.8% off the target high and 7.77% 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. ZEEKR Intelligent Technology Holding Ltd. ADR (ZK) shares have gone up 31.79% during the last six months, with a year-to-date growth rate more than the industry average at 69.49% against 6.90.

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 23.94B as predicted by 3 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 23.33B by the end of current fiscal year.

While earnings are projected to return 33.03% in 2024, the next five years will return 29.03% per annum.

ZK Dividends

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