Zhihu (NYSE:ZH) Stock Price Up 7.1% – Should You Buy?

Posted by Francis Steltz on Feb 23rd, 2025

Shares of Zhihu Inc. (NYSE:ZH – Get Free Report) rose 7.1% on Friday . The stock traded as high as $6.19 and last traded at $6.20. Approximately 495,147 shares changed hands during mid-day trading, a decline of 32% from the average daily volume of 729,490 shares. The stock had previously closed at $5.79.

Wall Street Analysts Forecast Growth

Separately, Citigroup lowered their price objective on Zhihu from $5.40 to $4.70 and set a “buy” rating for the company in a research report on Friday, November 29th.

Check Out Our Latest Stock Analysis on ZH

Zhihu Price Performance

The stock has a market capitalization of $476.33 million, a PE ratio of -9.74 and a beta of 0.20. The company has a 50 day moving average price of $3.78 and a 200-day moving average price of $3.62.

Zhihu (NYSE:ZH – Get Free Report) last posted its earnings results on Tuesday, November 26th. The company reported ($0.02) earnings per share (EPS) for the quarter. Zhihu had a negative net margin of 9.28% and a negative return on equity of 8.01%.

Hedge Funds Weigh In On Zhihu

Hedge funds have recently made changes to their positions in the business. Barclays PLC purchased a new position in shares of Zhihu during the third quarter valued at approximately $511,000. Jane Street Group LLC grew its stake in Zhihu by 65.1% in the third quarter. Jane Street Group LLC now owns 175,381 shares of the company’s stock worth $675,000 after purchasing an additional 69,160 shares during the period. Walleye Capital LLC purchased a new stake in Zhihu in the third quarter worth $212,000. Advisors Preferred LLC purchased a new stake in Zhihu in the fourth quarter worth $39,000. Finally, Virtu Financial LLC purchased a new stake in Zhihu in the third quarter worth $141,000. 28.92% of the stock is owned by hedge funds and other institutional investors.

Zhihu Company Profile

(Get Free Report)

Zhihu Inc operates an online content community in the People’s Republic of China. Its community allows people to seek inspiration, find solutions, make decisions, and have fun. The company offers technology, business support, and consulting services; information transmission, software, and information technology services.