According to Yuanbao's 15-minute chart, the MACD and KDJ indicators have both triggered death crosses, while the bearish Marubozu candlestick pattern was observed on September 30, 2025 at 12:45. This suggests that the stock price has the potential to continue declining, as the momentum is shifting towards the downside and sellers are dominating the market. As a result, bearish momentum is likely to persist in the short term.
ZK International Group Co., Ltd. (ZKIN), a manufacturer of stainless steel and carbon steel pipe products, reported declining financial results for the first half of fiscal year 2025. Revenue decreased by 24.37% to $40.00 million from $52.89 million in H1 2024, primarily due to weakened real estate market demand and a construction slowdown. The company reported a net loss of $0.80 million, compared to a $0.48 million loss in H1 2024
ZK International Group Stock Price, News & Analysis[1].
The gross margin declined to 5.47% from 6.33%, impacted by increased raw material costs and limited pricing power. Operating loss widened to $0.49 million from $0.16 million year-over-year. As of March 31, 2025, ZKIN maintained a current ratio of 1.22, with cash and equivalents of $1.61 million, down from $4.16 million in September 2024. Short-term bank borrowings increased to $11.19 million from $10.26 million in the same period
ZK International Group Stock Price, News & Analysis[1].
Despite these challenges, ZK International has shown resilience in recent months. In May 2025, the company announced a unique financing strategy targeting the XRP cryptocurrency community, aiming to raise up to $1 billion by offering ZKIN warrants that can be exercised using XRP . This innovative approach seeks to bridge traditional public markets with decentralized finance, targeting XRP's network of over 5 million active wallets.
Additionally, ZK International's subsidiary, Zhenkang Industrial, won a significant contract worth $3.88 million (RMB 27.54 million) from China Gas's subsidiary Yipinhui Smart Living Technology. The contract involves supplying over 1.43 million meters of 304-grade thin-walled stainless steel pipes and fittings for public health drinking water projects .
However, recent technical indicators suggest a bearish trend. According to Yuanbao's 15-minute chart, the MACD and KDJ indicators have both triggered death crosses, while a bearish Marubozu candlestick pattern was observed on September 30, 2025, at 12:45. This suggests that the stock price has the potential to continue declining, as the momentum is shifting towards the downside and sellers are dominating the market .
Comments
No comments yet