Zhihu (NYSE:ZH) Stock Price Up 1.1% – Time to Buy?

Zhihu Inc. Sponsored ADR (NYSE:ZH) traded up 1.1% during mid-day trading on Wednesday . The company traded as high as $3.24 and last traded at $3.2050. Approximately 130,462 shares changed hands during mid-day trading, a decline of 37% from the average session volume of 206,392 shares. The stock had previously closed at $3.17.

Analyst Upgrades and Downgrades

ZH has been the topic of a number of research analyst reports. Weiss Ratings lowered shares of Zhihu from a “sell (d)” rating to a “sell (d-)” rating in a report on Tuesday, April 21st. Wall Street Zen upgraded Zhihu from a “sell” rating to a “hold” rating in a research note on Saturday, June 6th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Zhihu Stock Up 1.1%

The stock has a 50-day moving average of $3.15 and a 200 day moving average of $3.30. The stock has a market cap of $284.32 million, a PE ratio of -8.90 and a beta of 0.26.

Zhihu (NYSE:ZH) last issued its quarterly earnings results on Friday, May 15th. The company reported ($0.02) earnings per share for the quarter. Zhihu had a negative return on equity of 4.83% and a negative net margin of 7.25%.The business had revenue of $94.50 million during the quarter.

Institutional Trading of Zhihu

An institutional investor recently bought a new stake in Zhihu stock. Ameriprise Financial Inc. bought a new position in shares of Zhihu Inc. Sponsored ADR (NYSE:ZH) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 25,006 shares of the company’s stock, valued at approximately $100,000. 28.92% of the stock is currently owned by institutional investors.

Zhihu Company Profile

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.