EZGO Technologies Stock to Reverse Split on Tuesday, May 19th (NASDAQ:EZGO)

EZGO Technologies Ltd. (NASDAQ:EZGO) shares are scheduled to reverse split on Tuesday, May 19th. The 1-150 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Monday, May 18th.

EZGO Technologies Price Performance

EZGO Technologies stock traded down $0.01 during mid-day trading on Friday, reaching $0.02. 257,535,134 shares of the company’s stock traded hands, compared to its average volume of 101,749,824. The stock has a 50 day moving average of $1.13 and a two-hundred day moving average of $1.85. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.21 and a quick ratio of 3.18. EZGO Technologies has a 12-month low of $0.02 and a 12-month high of $17.24.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on EZGO shares. Wall Street Zen downgraded shares of EZGO Technologies from a “hold” rating to a “sell” rating in a research note on Friday, January 23rd. Weiss Ratings upgraded shares of EZGO Technologies from a “sell (e)” rating to a “sell (e+)” rating in a research report on Thursday, May 7th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

EZGO Technologies Company Profile

EZGO Technologies Ltd., through its subsidiaries, designs, manufactures, rents, and sells e-bicycles and e-tricycles in the People's Republic of China. It operates in three segments: Battery Cells and Packs; E-Bicycles Sales; and Electronic Control System and Intelligent Robots. The company rents and sells lithium batteries under the Hengmao brand; sells, franchises, and operates smart charging piles for e-bicycles and other electronic devices; and sells battery cells and packs. It also designs and sells intelligent robots, and electric vehicle accessories and electronic control systems; and provide after-sales services for e-bicycles, including technical support, parts supply, and sales of peripheral products and derivatives, including raincoats, helmets, and mobile phone brackets.