(ZKIN) ZK International - Ratings and Ratios

ZK International Group Co., Ltd. specializes in the design, production, and distribution of high-quality steel pipes and fittings, primarily in the Peoples Republic of China. The company offers an extensive range of products, including carbon steel and stainless steel strips, light gauge stainless steel pipes, and various pipe fittings such as couplings, adapters, and unions. Additionally, they produce stainless steel bands, copper strips, welded stainless steel pipes, and other stainless steel products. Their diverse product portfolio caters to multiple industries, including water and gas transmission, residential construction, food and beverage production, oil and gas exploration, and agricultural irrigation. The company exports its products to Europe, Africa, and Southeast Asia, expanding its global reach.

Beyond its core business, ZK International Group Co., Ltd. is involved in the import and export of goods and technology, trading of steel coil, steel strip, and nickel materials. The company has also diversified into emerging markets, operating in non-fungible token (NFT) marketplaces and the sports betting and casino sectors. This strategic diversification aims to leverage growth opportunities across different industries. The company was established in 2015 and is headquartered in Wenzhou, China. For more information, visit their website at https://www.zkinternationalgroup.com.

Based on the provided data, ZK International Group Co., Ltd. (NASDAQ:ZKIN) is expected to face challenges in the next three months. Technically, the stock is trading below its 20-day, 50-day, and 200-day moving averages, indicating bearish momentum. The low average volume and ATR suggest limited market activity and volatility. Fundamentally, the companys low P/B and P/S ratios indicate undervaluation, but the lack of profitability (P/E and forward P/E of 0.00) raises concerns. The 3-month forecast predicts continued weakness, with potential support at $1.00 and resistance at $2.00. Volume is expected to remain low unless driven by significant news. While the companys diversification efforts are notable, the stocks performance will likely remain subdued without improvements in financial metrics.