Zk International Group Stock Today
| ZKIN Stock | USD 0.61 0.05 7.58% |
Performance0 of 100
| Odds Of DistressOver 62
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ZK International is selling at 0.61 as of the 25th of April 2024; that is -7.58 percent down since the beginning of the trading day. The stock's open price was 0.66. ZK International has more than 62 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for ZK International Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Materials | IPO Date 1st of September 2017 | Category Basic Materials |
ZK International Group Co., Ltd., through its subsidiaries, engages in the designing, producing, and selling double-press thin-walled stainless steel, carbon steel, and single-press tubes and fittings in the Peoples Republic of China. ZK International Group Co., Ltd. The company has 30.39 M outstanding shares of which 50.59 K shares are at this time shorted by private and institutional investors with about 1.88 trading days to cover. More on ZK International Group
Moving together with ZKIN Stock
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Follow Valuation Options Odds of Bankruptcy
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ZKIN Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ZK International's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ZK International or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | Showing 3 out of 4 themes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, NASDAQ Composite, Farming, Iron, Plastics, Construction Materials, Materials, Metals & Mining, Steel, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of ZK International's profitability, liquidity, and operating efficiency, ZK International Group is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in May. Financial strength of ZK International is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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ZK International's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to ZK International's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ZK International's financial leverage. It provides some insight into what part of ZK International's total assets is financed by creditors.
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ZK International Group (ZKIN) is traded on NASDAQ Exchange in USA. It is located in No. 678 Dingxiang Road, Wenzhou, China, 325025 and employs 280 people. ZK International is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 20.07 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ZK International's market, we take the total number of its shares issued and multiply it by ZK International's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. ZK International conducts business under Metals & Mining sector and is part of Materials industry. The entity has 30.39 M outstanding shares of which 50.59 K shares are at this time shorted by private and institutional investors with about 1.88 trading days to cover.
ZK International Group currently holds about 5.48 M in cash with (2.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.19.
Check ZK International Probability Of Bankruptcy
Ownership AllocationZK International Group shows a total of 30.39 Million outstanding shares. ZK International shows serious amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check ZKIN Ownership Details
ZKIN Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of ZK International jumping above the current price in 90 days from now is about 86.07%. The ZK International Group probability density function shows the probability of ZK International stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days ZK International Group has a beta of -0.3557. This usually means as returns on the benchmark increase, returns on holding ZK International are expected to decrease at a much lower rate. During a bear market, however, ZK International Group is likely to outperform the market. Additionally, zK International Group has an alpha of 0.0878, implying that it can generate a 0.0878 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of ZK International to move above the current price in 90 days from now is about 86.07 (This ZK International Group probability density function shows the probability of ZKIN Stock to fall within a particular range of prices over 90 days) .
ZKIN Stock Institutional Holders
Institutional Holdings refers to the ownership stake in ZK International that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ZK International's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ZK International's value.| Instituion | Recorded On | Shares | |
| Td Waterhouse Canada Inc | 2023-12-31 | 0.0 | |
| Ubs Group Ag | 2023-09-30 | 0.0 | |
| Citadel Advisors Llc | 2023-09-30 | 0.0 | |
| Ifp Advisors, Llc | 2023-09-30 | 0.0 | |
| Two Sigma Securities, Llc | 2023-12-31 | 0.0 | |
| Savior Llc | 2023-12-31 | 0.0 | |
| Susquehanna International Group, Llp | 2023-12-31 | 37.4 K | |
| Ipg Investment Advisors, Llc | 2023-12-31 | 16.3 K | |
| Renaissance Technologies Corp | 2023-12-31 | 15.5 K | |
| Advisor Group Holdings, Inc. | 2023-12-31 | 3 K | |
| Your Advocates Ltd., Llp | 2023-12-31 | 1000 |
ZK International Historical Income Statement
ZK International Group Income Statement is one of the three primary financial statements used for reporting ZKIN's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of ZK International revenue and expense. ZK International Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, ZK International's Interest Expense is very stable compared to the past year. As of the 25th of April 2024, Gross Profit is likely to grow to about 8.7 M, though Tax Provision is likely to grow to (1.1 M). View More FundamentalsZKIN Stock Against Markets
Picking the right benchmark for ZK International stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ZK International stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ZK International is critical whether you are bullish or bearish towards ZK International Group at a given time. Please also check how ZK International's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in ZK International without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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ZK International Corporate Management
Elected by the shareholders, the ZK International's board of directors comprises two types of representatives: ZK International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ZKIN. The board's role is to monitor ZK International's management team and ensure that shareholders' interests are well served. ZK International's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ZK International's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jiancong Huang | Chairman CoFounder | Profile | |
| Guolin Wang | CoFounder Director | Profile | |
| Shaochai Yang | Chief Officer | Profile | |
| Di Chen | Secretary | Profile | |
| Xiaofen Jin | Chief Officer | Profile |
How to buy ZKIN Stock?
Before investing in ZK International, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ZK International. To buy ZK International stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ZK International. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase ZK International stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ZK International Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased ZK International Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as ZK International Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy ZKIN Stock please use our How to Invest in ZK International guide.
Already Invested in ZK International Group?
The danger of trading ZK International Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ZK International is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ZK International. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ZK International is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ZK International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ZK International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zk International Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zk International Group Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZK International Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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When running ZK International's price analysis, check to measure ZK International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ZK International is operating at the current time. Most of ZK International's value examination focuses on studying past and present price action to predict the probability of ZK International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZK International's price. Additionally, you may evaluate how the addition of ZK International to your portfolios can decrease your overall portfolio volatility.
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Is ZK International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ZK International. If investors know ZKIN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ZK International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.98) | Earnings Share (0.21) | Revenue Per Share 3.657 | Quarterly Revenue Growth 0.158 | Return On Assets (0.01) |
The market value of ZK International is measured differently than its book value, which is the value of ZKIN that is recorded on the company's balance sheet. Investors also form their own opinion of ZK International's value that differs from its market value or its book value, called intrinsic value, which is ZK International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ZK International's market value can be influenced by many factors that don't directly affect ZK International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ZK International's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZK International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZK International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.