NaaS Technology (NASDAQ:NAAS) Upgraded to Hold at Wall Street Zen

Wall Street Zen upgraded shares of NaaS Technology (NASDAQ:NAAS) from a sell rating to a hold rating in a research note released on Saturday.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of NaaS Technology in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

NaaS Technology Stock Down 5.4%

NaaS Technology stock opened at $3.15 on Friday. The business’s 50-day simple moving average is $3.40 and its 200 day simple moving average is $4.29. The stock has a market cap of $6.80 million, a price-to-earnings ratio of -0.02 and a beta of 0.66. NaaS Technology has a 12-month low of $1.96 and a 12-month high of $60.00.

About NaaS Technology

NaaS Technology Inc provides electric vehicle (EV) charging services in China. The company offers integrated online EV charging solutions to charging stations, including mobility connectivity services through Kuaidian; SaaS products, such as traffic support and management, marketing, payment, chargers’ management, order management, load management, and membership management.