Chijet Motor (NASDAQ:CJET) Upgraded to “Sell” at Wall Street Zen

Wall Street Zen upgraded shares of Chijet Motor (NASDAQ:CJET) to a sell rating in a report issued on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Chijet Motor in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

Chijet Motor Price Performance

Chijet Motor stock traded down $0.38 during trading hours on Friday, hitting $2.50. The company had a trading volume of 129,870 shares, compared to its average volume of 287,970. The company has a 50-day moving average price of $1,621.39 and a two-hundred day moving average price of $13,271.84. Chijet Motor has a 1 year low of $2.43 and a 1 year high of $299.00.

About Chijet Motor

Chijet Motor Company, Inc engages in the research and development, production, and sale of new energy vehicles. It offers battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell electric vehicles. The company was founded in 2021 and is based in Grand Cayman, the Cayman Islands.