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January 31, 2025

ZK International Group Co., Ltd. Implements Reverse Stock Split

  • ZK International Group Co., Ltd. (NASDAQ:ZKIN) executed a reverse stock split at a 7-for-1 ratio, aiming to enhance its stock’s appeal for investors.
  • The stock’s current price stands at $0.389, reflecting a decline of 19.88%.
  • ZKIN’s market capitalization is approximately $14.06 million, supported by a trading volume of 2,834,334 shares, indicating considerable market participation.

ZK International Group Co., Ltd. (NASDAQ:ZKIN) is known for its high-performance steel products and innovative solutions within the industry. To improve share value and attract investors, the company has decided to execute a reverse stock split.

On January 31, 2025, ZKIN implemented a 7-for-1 reverse stock split, consolidating seven shares into one. This strategic decision aims to enhance the stock’s attractiveness, potentially increasing its market price.

Although the trading symbol remains unchanged as “ZKIN,” the CUSIP number will update to G9892K209. This is important for investors to note as it will affect how the stock is identified within the market.

Currently, ZKIN’s stock trades at $0.389, representing a notable decline of 19.88% or -$0.0965. While the stock fluctuated between a low of $0.2921 and a high of $0.4 earlier today, it highlights the volatility of its market performance.

ZKIN’s market capitalization of approximately $14.06 million indicates its size and market presence, while the trading volume of 2,834,334 shares suggests significant interest and activity from investors.

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