ZK International Announces Reverse Stock Split

• ZK International Group Co., Ltd. (NASDAQ:ZKIN) conducted a reverse stock split at a 7-for-1 ratio to make its stock more attractive to investors.
• The company's stock price has experienced significant volatility, with a current price of $0.389 after a decrease of 19.88%.
• ZKIN's market capitalization stands at approximately $14.06 million, with a trading volume of 2,834,334 shares, indicating investor interest and market presence.

ZK International Group Co., Ltd. (NASDAQ:ZKIN) is a leading engineering company known for its high-performance steel products and innovative solutions in the steel industry. The company competes with other engineering firms in the steel market, striving to maintain its position through strategic decisions like stock adjustments.

On January 31, 2025, ZKIN implemented a reverse stock split at a 7-for-1 ratio. This means that for every seven shares held by investors, they now own one share. The company's Board of Directors approved this decision on January 14, 2025. The reverse stock split aims to consolidate shares, potentially making the stock more attractive to investors by increasing the share price.

The reverse stock split will not change the company's trading symbol, which remains "ZKIN" on the NASDAQ. However, the CUSIP number, a unique identifier for stocks, will change to G9892K209. This adjustment is crucial for investors to note, as it affects how the stock is identified in the market.

Currently, ZKIN's stock is priced at $0.389, reflecting a significant decrease of 19.88% or -$0.0965. The stock has fluctuated between a low of $0.2921 and a high of $0.4 in today's trading. Over the past year, it has seen a high of $0.9 and a low of $0.2921, indicating volatility in its market performance.

ZKIN's market capitalization is approximately $14.06 million, with a trading volume of 2,834,334 shares. This market cap reflects the total value of the company's outstanding shares, providing insight into its size and market presence. The trading volume indicates the level of investor interest and activity in the stock.

• ZK International Group Co., Ltd. (NASDAQ:ZKIN) conducted a reverse stock split at a 7-for-1 ratio to make its stock more attractive to investors.
• The company's stock price has experienced significant volatility, with a current price of $0.389 after a decrease of 19.88%.
• ZKIN's market capitalization stands at approximately $14.06 million, with a trading volume of 2,834,334 shares, indicating investor interest and market presence.

ZK International Group Co., Ltd. (NASDAQ:ZKIN) is a leading engineering company known for its high-performance steel products and innovative solutions in the steel industry. The company competes with other engineering firms in the steel market, striving to maintain its position through strategic decisions like stock adjustments.

On January 31, 2025, ZKIN implemented a reverse stock split at a 7-for-1 ratio. This means that for every seven shares held by investors, they now own one share. The company's Board of Directors approved this decision on January 14, 2025. The reverse stock split aims to consolidate shares, potentially making the stock more attractive to investors by increasing the share price.

The reverse stock split will not change the company's trading symbol, which remains "ZKIN" on the NASDAQ. However, the CUSIP number, a unique identifier for stocks, will change to G9892K209. This adjustment is crucial for investors to note, as it affects how the stock is identified in the market.

Currently, ZKIN's stock is priced at $0.389, reflecting a significant decrease of 19.88% or -$0.0965. The stock has fluctuated between a low of $0.2921 and a high of $0.4 in today's trading. Over the past year, it has seen a high of $0.9 and a low of $0.2921, indicating volatility in its market performance.

ZKIN's market capitalization is approximately $14.06 million, with a trading volume of 2,834,334 shares. This market cap reflects the total value of the company's outstanding shares, providing insight into its size and market presence. The trading volume indicates the level of investor interest and activity in the stock.

• ZK International Group Co., Ltd. (NASDAQ:ZKIN) is set to undergo a reverse stock split to potentially enhance its stock's marketability.
• The reverse stock split will consolidate every 7 shares into 1 new share, aiming to stabilize the stock price and attract more investors.
• This strategic move is expected to reduce stock volatility and improve market cap and trading volume metrics, making it a more stable and attractive investment option.

ZK International Group Co., Ltd., trading on the NASDAQ under the symbol ZKIN, is a leading engineering company known for its high-performance steel products. The company is preparing for a reverse stock split on January 31, 2025. This move will consolidate every 7 shares into 1 new share, as approved by the Board of Directors on January 14, 2025.

The reverse stock split is a strategic decision by ZK International to potentially enhance its stock's marketability. Currently, ZKIN is priced at $0.4855, having experienced a significant decrease of 40.70%, or -$0.3332. This move might help stabilize the stock's price and attract more investors by reducing the number of shares available.

ZKIN's stock has shown volatility, with a daily range between $0.4602 and $0.5698. Over the past year, it has fluctuated from a high of $0.9 to a low of $0.38. The reverse stock split could help in reducing this volatility by increasing the stock price, making it more appealing to institutional investors.

The company's market capitalization is approximately $17.55 million, with a trading volume of 3,008,620 shares. By consolidating shares, ZK International aims to improve its market cap and trading volume metrics, potentially leading to a more stable and attractive investment option for shareholders.

ZK International's decision to implement a reverse stock split reflects its commitment to enhancing shareholder value. As highlighted by PR Newswire, this strategic move is expected to positively impact the company's stock performance and market perception, aligning with its long-term growth objectives.