Sizzling News – ZTO Express (Cayman) Inc. (NYSE: ZTO)

ZTO Express (Cayman) Inc. (NYSE: ZTO) closed with change of 2.35% to $17.39 with the total traded volume of 3606334 shares versus to an average volume of 2.34M. The stock was up in the 5 days activity 6.62%. The one month performance of stock was high 14.11%. ZTO [NYSE] shares are above 11.40% for the quarter and driving a 42.66% rally over the course of the past year and is now up 9.72% since this point in 2018.  The average volatility for the week and month was at 3.25% 2.76% respectively.

ZTO Express (Cayman) Inc. (NYSE: ZTO) reported that effective May 1, 2018, Mr. James Guo will resign from the role of Chief Financial Officer due to personal reasons, and Ms. Huiping Yan, ZTO’s current Vice President of Finance, will be appointed as the Chief Financial Officer. Mr. Guo will continue serving the Company as an advisor following his resignation. The Company noted that Ms. Guo’s departure is not related to any issues or disagreements regarding the Company’s financial disclosures, accounting policies and practices.

Before joining ZTO in February 2018, Ms. Yan spent over 7 years serving as the Chief Financial Officer of a number of Chinese TMT and hospitality companies including 2 years at Cainiao Network Technology, the logistics arm of Alibaba Inc. and over 4 years at Home Inns & Hotels Management, a leading economy hotel chain in China formerly listed on NASDAQ. From 1998 to 2009, Ms. Yan spent 11 years at General Electric Company (GE) in both the U.S. and Asia, serving in many key roles in corporate and operational financial management. Prior to GE, Ms. Yan worked at Deloitte & Touche in the U.S. serving clients across various industries. Ms. Yan studied at Shanghai International Studies University and holds a bachelor’s degree in business administration with an accounting major from Hawaii Pacific University. Ms. Yan graduated from the GE experienced finance leadership program and is a U.S.-certified public accountant with a CGMA designation (AICPA).

Mr. Meisong Lai, Founder, Chairman and Chief Executive Officer of ZTO, commented, “I’d like to thank James for his indispensable contributions to ZTO over the past two years, especially for his pivotal role in helping the Company go public in the United States. I wish James all the best in his future career pursuits. Huiping has extensive corporate and financial best-practice management experience from both world-class multinational companies and fast growing and well-run Chinese enterprises.  I look forward to working closely with Huiping in her new capacity to strengthen ZTO’s corporate management, improve network operational efficiency and to further enhance our market leading position in terms of both market share and profitability.”

Shares of ZTO Express (Cayman) Inc. have been recently spotted trading -3.82% off of the 52-week high price. On the other end, company shares have been noted 56.10% away from the low price over the last 52-weeks. 52 week range of the stock remained $ 11.14 – 18.08. Switching over to some distances from popular moving averages, we see that the stock has been recorded 9.82% away from the 50 day moving average and 14.75% away from the 200 day moving average. Moving closer, we can see that shares have been trading 11.31% off of the 20-day moving average.

About the Author

Kyle Webster
Kyle Webster
Kyle Webster is a self taught investor and follows the value investing approach to picking stocks. He possesses over 10 years of investment experience, an M.B.A. from Louisiana State University, and is also certified in Risk Management Assurance. Kyle is a Certified Internal Auditor, Data Miner, and author with a career broadly spanning over multiple business areas. He has exploited those observations and developed investment tactics within a fundamentally sound long-term investment strategy. He currently covers Research News category for our site. He can be reached via Email Contact -  kyle@mostvolatilestocks.com.

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