Zhihu (NYSE:ZH) Upgraded to “Hold” at Wall Street Zen

Zhihu (NYSE:ZH) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Sunday.

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Zhihu in a research note on Monday, December 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

Zhihu Trading Up 0.1%

Shares of ZH opened at $3.39 on Friday. The stock has a 50 day simple moving average of $3.85 and a 200-day simple moving average of $4.33. Zhihu has a 1 year low of $3.19 and a 1 year high of $6.32. The stock has a market cap of $298.52 million, a PE ratio of 21.16 and a beta of 0.24.

Hedge Funds Weigh In On Zhihu

A number of hedge funds and other institutional investors have recently made changes to their positions in ZH. Ameriprise Financial Inc. grew its position in Zhihu by 44.3% in the third quarter. Ameriprise Financial Inc. now owns 36,088 shares of the company’s stock valued at $183,000 after purchasing an additional 11,082 shares in the last quarter. Hsbc Holdings PLC acquired a new position in shares of Zhihu during the 1st quarter worth approximately $123,000. Jump Financial LLC bought a new position in shares of Zhihu in the first quarter valued at about $431,000. Walleye Capital LLC boosted its holdings in shares of Zhihu by 787.7% during the first quarter. Walleye Capital LLC now owns 126,426 shares of the company’s stock worth $540,000 after acquiring an additional 112,184 shares during the period. Finally, Cubist Systematic Strategies LLC grew its holdings in Zhihu by 1,769.9% in the 1st quarter. Cubist Systematic Strategies LLC now owns 190,786 shares of the company’s stock valued at $815,000 after buying an additional 180,583 shares in the last quarter. 28.92% of the stock is owned by institutional investors.

About Zhihu

Zhihu is China’s leading online question-and-answer platform, providing a space where users can ask questions, share knowledge, and engage with content across science, technology, business, culture, and lifestyle. Founded in 2011 and headquartered in Beijing, Zhihu has cultivated a community-driven environment that emphasizes credible, in-depth answers from experts, professionals, and enthusiasts.

The company’s core service revolves around its Q&A platform, enabling registered users to post questions and receive comprehensive responses.