Its valuation is considered fairly valued,and institutional recognition is very high. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Score
Industry at a Glance
Industry Ranking
50 / 56
Overall Ranking
565 / 4720
Industry
Homebuilding & Construction Supplies
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
0
analysts
--
Current Rating
--
Target Price
--
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Company Highlights
StrengthsRisks
ZK International Group Co Ltd is a China-based company principally engaged in the design and production of pipes and fittings, such as double-press thin-walled stainless steel tubes and fittings, carbon steel tubes and fittings and single-press tubes and fittings. The Company mainly operates its business through its subsidiary Zhejiang Zhengkang Industrial Co., Ltd. The Company’s products include steel strip, light gauge stainless steel pipe (LGSSP), pipe connections and fittings, fittings to change a pipe's direction, pipe fittings to connect two or more pipes, pipe fittings to change pipe size and pipe fitting tools. The Company’s products are used in a range of applications, including water and gas transmission within urban infrastructural development, residential housing development, oil and gas exploitation, and agricultural irrigation. The Company's products are primarily sold in China, and also exported and distributed in Europe, Africa and Southeast Asia.
Overvalued
The company’s latest PE is -28.90, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 1.43M shares, increasing 23.86% quarter-over-quarter.
ZK International Group Co Ltd is a China-based company principally engaged in the design and production of pipes and fittings, such as double-press thin-walled stainless steel tubes and fittings, carbon steel tubes and fittings and single-press tubes and fittings. The Company mainly operates its business through its subsidiary Zhejiang Zhengkang Industrial Co., Ltd. The Company’s products include steel strip, light gauge stainless steel pipe (LGSSP), pipe connections and fittings, fittings to change a pipe's direction, pipe fittings to connect two or more pipes, pipe fittings to change pipe size and pipe fitting tools. The Company’s products are used in a range of applications, including water and gas transmission within urban infrastructural development, residential housing development, oil and gas exploitation, and agricultural irrigation. The Company's products are primarily sold in China, and also exported and distributed in Europe, Africa and Southeast Asia.