ZK International Groups Breakthrough Win in the Shenzhen Gas Project is Expected to Propel Growth Amid Chinas Economic Stimulus Which Should Exceed 284 Billion
ZKIN Stock | USD 0.54 0.02 3.85% |
About 55% of ZK International's investors are presently thinking to get in. The current sentiment regarding investing in ZK International Group stock implies that some traders are interested. ZK International's investing sentiment overview a quick insight into current market opportunities from investing in ZK International Group. Many technical investors use ZK International stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
ZKIN |
ZK International Group Co., Ltd. is proud to announce that it has secured a significant contract with Shenzhen Gas Group for the Shenzhen Municipal Infrastructural Gas Pipeline Procurement Project. This project, valued at approximately 4.47 million, will involve the provision of state-of-the-art crimped carbon steel pipes and fittings for gas engineering in multi-story residential buildings across Shenzhen.
Read at finance.yahoo.com
ZK International Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards ZK International can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
ZK International Fundamental Analysis
We analyze ZK International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ZK International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ZK International based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Asset
Return On Asset Comparative Analysis
ZK International is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
ZK International Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ZK International stock to make a market-neutral strategy. Peer analysis of ZK International could also be used in its relative valuation, which is a method of valuing ZK International by comparing valuation metrics with similar companies.
Peers
ZK International Related Equities
CENX | Century Aluminum | 5.56 | ||||
CHHQF | China Hongqiao | 0.00 | ||||
KALU | Kaiser Aluminum | 0.31 | ||||
CSTM | Constellium | 1.76 | ||||
NHYKF | Norsk Hydro | 3.53 |
Check out ZK International Hype Analysis, ZK International Correlation and ZK International Performance. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Metals & Mining space 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 (1.95) | Revenue Per Share 3.592 | Quarterly Revenue Growth 0.065 | Return On Assets (0.05) |
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.