ZEEKR Intelligent Technology (NYSE:ZK) Stock Price Up 6.4% – Time to Buy?

ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) shares rose 6.4% during trading on Thursday . The stock traded as high as $26.65 and last traded at $26.77. Approximately 318,970 shares traded hands during trading, a decline of 39% from the average daily volume of 518,857 shares. The stock had previously closed at $25.16.

ZEEKR Intelligent Technology Trading Up 2.3 %

The firm has a fifty day moving average price of $26.56 and a 200 day moving average price of $23.48.

Institutional Trading of ZEEKR Intelligent Technology

Several hedge funds and other institutional investors have recently made changes to their positions in the business. FMR LLC acquired a new position in shares of ZEEKR Intelligent Technology in the 4th quarter valued at $106,036,000. Intel Corp acquired a new stake in shares of ZEEKR Intelligent Technology during the 4th quarter valued at about $71,785,000. Vanguard Group Inc. acquired a new stake in shares of ZEEKR Intelligent Technology during the 4th quarter valued at about $22,125,000. Renaissance Technologies LLC lifted its stake in ZEEKR Intelligent Technology by 90.8% in the 4th quarter. Renaissance Technologies LLC now owns 505,000 shares of the company’s stock valued at $14,332,000 after buying an additional 240,300 shares in the last quarter. Finally, Polymer Capital Management HK LTD purchased a new position in ZEEKR Intelligent Technology in the 3rd quarter valued at about $3,836,000.

ZEEKR Intelligent Technology Company Profile

ZEEKR Intelligent Technology Holding Limited, an investment holding company, engages in the research and development, production, commercialization, and sale of the electric vehicles and batteries. It offers battery electric passenger vehicles (BEVs) and SUVs. The company also produces and sells electric powertrain and battery packs for electric vehicles, such as motors and electric control systems; and provides automotive related research and development services.