At the time of writing, ZEEKR Intelligent Technology Holding Ltd. ADR [ZK] stock is trading at $31.36, up 4.50%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ZK shares have gain 16.80% over the last week, with a monthly amount glided 24.74%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
ZEEKR Intelligent Technology Holding Ltd. ADR [NYSE: ZK] stock has seen the most recent analyst activity on October 03, 2024, when Macquarie initiated its Outperform rating and assigned the stock a price target of $33. Previously, Citigroup started tracking the stock with Buy rating on June 24, 2024, and set its price target to $32.40. On June 04, 2024, Goldman initiated with a Buy rating and assigned a price target of $34 on the stock. BofA Securities started tracking the stock assigning a Buy rating and suggested a price target of $35 on June 04, 2024.
For the past year, the stock price of ZEEKR Intelligent Technology Holding Ltd. ADR fluctuated between $13.00 and $32.76. Currently, Wall Street analysts expect the stock to reach $38 within the next 12 months. ZEEKR Intelligent Technology Holding Ltd. ADR [NYSE: ZK] shares were valued at $31.36 at the most recent close of the market. An investor can expect a potential return of 21.17% based on the average ZK price forecast.
Analyzing the ZK fundamentals
According to ZEEKR Intelligent Technology Holding Ltd. ADR [NYSE:ZK], the company’s sales were 9.64B for trailing twelve months, which represents an 32.16% jump. Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at -0.27%, Pretax Profit Margin comes in at -0.11%, and Net Profit Margin reading is -0.12%. To continue investigating profitability, this company’s Return on Assets is posted at -0.26, Equity is 1.01 and Total Capital is 2.82. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-1.36.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 30.07 points at the first support level, and at 28.77 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.37, and for the 2nd resistance point, it is at 33.37.
Ratios To Look Out For
It is important to note that ZEEKR Intelligent Technology Holding Ltd. ADR [NYSE:ZK] has a current ratio of 0.64. As well, the Quick Ratio is 0.52, while the Cash Ratio is 0.14. Considering the valuation of this stock, the price to sales ratio is 0.81.
