ZK International Group Co. Ltd. (ZKIN) recent quarterly performance of -6.89% is not showing the real picture
Witnessing the stock’s movement on the chart, on June 09, 2021, ZK International Group Co. Ltd. (NASDAQ: ZKIN) set off with pace as it heaved 6.04% to $5.27. During the day, the stock rose to $5.6472 and sunk to $5.07 before settling in for the price of $4.97 at the close. Taking a more long-term approach, ZKIN posted a 52-week range of $1.05-$14.60.
The Basic Materials Sector giants’ yearly sales growth during the last 5-year period was 19.90%. Meanwhile, its Annual Earning per share during the time was -16.40%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -110.20%. This publicly-traded company’s shares outstanding now amounts to $16.56 million, simultaneously with a float of $13.14 million. The organization now has a market capitalization sitting at $125.85 million. At the time of writing, stock’s 50-day Moving Average stood at $5.85, while the 200-day Moving Average is $3.92.
While finding the extent of efficiency of the company that is accounted for 308 employees. It has generated 281,970 per worker during the last fiscal year. Meanwhile, its income per employee was -2,681. The stock had 2.78 Receivables turnover and 1.05 Total Asset turnover. For the Profitability, stocks gross margin was +4.54, operating margin was -2.16 and Pretax Margin of -2.61.
ZK International Group Co. Ltd. (ZKIN) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Steel industry. ZK International Group Co. Ltd.’s current insider ownership accounts for 33.43%, in contrast to 1.90% institutional ownership.
ZK International Group Co. Ltd. (ZKIN) Earnings and Revenue Records
This company achieved a net margin of -0.95 while generating a return on equity of -1.87.
ZK International Group Co. Ltd.’s EPS decrease for this current 12-month fiscal period is -110.20%.
ZK International Group Co. Ltd. (NASDAQ: ZKIN) Trading Performance Indicators
Let’s observe the current performance indicators for ZK International Group Co. Ltd. (ZKIN). It’s Quick Ratio in the last reported quarter now stands at 1.10. The Stock has managed to achieve an average true range (ATR) of 0.52. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.45.
In the same vein, ZKIN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.05.
Technical Analysis of ZK International Group Co. Ltd. (ZKIN)
Going through the that latest performance of [ZK International Group Co. Ltd., ZKIN]. Its last 5-days volume of 0.9 million was inferior to the volume of 3.11 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 71.90% While, its Average True Range was 0.53.
Raw Stochastic average of ZK International Group Co. Ltd. (ZKIN) in the period of the previous 100 days is set at 20.93%, which indicates a major fall in contrast to 79.01% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 113.07% that was lower than 162.48% volatility it exhibited in the past 100-days period.