ZKH Group (NYSE:ZKH) Director Yunjie Han Sells 9,289,000 Shares of Stock

ZKH Group Limited Unsponsored ADR (NYSE:ZKH) Director Yunjie Han sold 9,289,000 shares of the company’s stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $0.08, for a total value of $743,120.00. Following the completion of the transaction, the director owned 1,538,180 shares of the company’s stock, valued at $123,054.40. The trade was a 85.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Yunjie Han also recently made the following trade(s):

• On Wednesday, September 9th, Yunjie Han sold 672,910 shares of ZKH Group stock. The shares were sold at an average price of $0.08, for a total value of $53,832.80.

ZKH Group Stock Down 1.9%

Shares of ZKH opened at $2.85 on Wednesday. ZKH Group Limited Unsponsored ADR has a 1 year low of $1.92 and a 1 year high of $3.90. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.77 and a quick ratio of 1.59. The stock has a 50 day simple moving average of $2.90 and a two-hundred day simple moving average of $2.91. The firm has a market cap of $370.26 million, a P/E ratio of -285.50 and a beta of 0.39.

ZKH Group (NYSE:ZKH) last posted its quarterly earnings results on Friday, August 21st. The company reported $0.04 EPS for the quarter. The firm had revenue of $359.70 million for the quarter. ZKH Group had a negative net margin of 0.02% and a negative return on equity of 0.06%.

Wall Street Analysts Forecast Growth

ZKH has been the subject of several recent research reports. Weiss Ratings reissued a “sell (e+)” rating on shares of ZKH Group in a research note on Tuesday, September 1st. Wall Street Zen raised ZKH Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, ZKH Group has an average rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ZKH Group stock. Boundless Plain Holdings Ltd purchased a new stake in shares of ZKH Group Limited Unsponsored ADR (NYSE:ZKH) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 2,397,979 shares of the company’s stock, valued at approximately $8,825,000. ZKH Group comprises 2.8% of Boundless Plain Holdings Ltd’s holdings, making the stock its 7th biggest holding. Boundless Plain Holdings Ltd owned approximately 1.48% of ZKH Group as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 9.52% of the company’s stock.

ZKH Group Company Profile

ZKH Group Limited is a China-based maintenance, repair and operations (MRO) products and services provider. The company operates digital procurement platforms that connect industrial product suppliers with business customers, helping organizations source supplies used to maintain, repair and operate factories, facilities and equipment.

Its product offerings include fasteners, bearings, transmission components, electrical and electronic products, tools, hardware, safety supplies and other industrial consumables.