(ZKIN) ZK International - Ratings and Ratios

ZK International Group Co., Ltd. is a Chinese company that designs, produces, and sells pipes and fittings, catering to various industries such as urban infrastructure, residential housing, food and beverage production, oil and gas exploitation, and agricultural irrigation. The companys product portfolio includes a wide range of steel products, such as carbon steel and stainless steel strips, pipes, and fittings, as well as other stainless steel products like bands and flanges.

Beyond its core business, ZK International Group Co., Ltd. has diversified into other areas, including the import and export of goods and technology, trading of steel coil, steel strip, and nickel materials. The company has also ventured into non-traditional businesses such as operating in non-fungible token (NFT) marketplaces and sports betting and casino operations. This diversification indicates an effort to expand revenue streams beyond its traditional steel products business.

With a presence in Wenzhou, China, and exports to regions like Europe, Africa, and Southeast Asia, ZK International Group Co., Ltd. has established a global footprint. The companys incorporation in 2015 marks it as a relatively new player in the industry, but it has quickly established itself as a significant participant in the steel products market.

Analyzing the and , we observe that ZKINs stock has shown volatility, with a 52-week high of $5.73 and a low of $0.89. The current price of $2.75 is above its SMA20 and SMA50, indicating a positive short-term trend. However, the SMA200 at $3.05 suggests that the stock is still below its long-term average. The ATR of 0.39 indicates a moderate level of price volatility. The Market Cap of $18.02M USD and the absence of P/E ratio due to negative earnings highlight the challenges faced by the company in terms of profitability.

Based on the available data, a forecast for ZKIN could be cautiously optimistic in the short term, given its current price being above key short-term moving averages. However, the long-term trend is less clear, and the negative RoE and lack of P/E ratio are concerns. If the company can stabilize its earnings and improve its profitability, it could potentially see an increase in its stock price. Conversely, failure to address its profitability issues could lead to further volatility and potential decline. Investors should closely monitor the companys financial performance and industry trends.