Eshallgo (NASDAQ:EHGO) Raised to Sell at Wall Street Zen

Eshallgo (NASDAQ:EHGO) was upgraded by investment analysts at Wall Street Zen to a “sell” rating in a research report issued on Saturday.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Eshallgo in a research report on Wednesday, June 24th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Eshallgo Stock Performance

Shares of Eshallgo stock opened at $2.02 on Friday. Eshallgo has a 1 year low of $1.12 and a 1 year high of $13.48. The business has a 50 day moving average price of $2.09 and a 200 day moving average price of $2.66.

Institutional Investors Weigh In On Eshallgo

A hedge fund recently bought a new position in Eshallgo stock. Yorkville Advisors Global LP purchased a new position in shares of Eshallgo Inc. (NASDAQ:EHGO) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 272,500 shares of the company’s stock, valued at approximately $59,000. Eshallgo makes up about 0.0% of Yorkville Advisors Global LP’s holdings, making the stock its 25th biggest holding. Yorkville Advisors Global LP owned approximately 0.84% of Eshallgo at the end of the most recent quarter.

Eshallgo Company Profile

Eshallgo Inc, through its subsidiaries, engages in the sale and leasing of office equipment and after-sale maintenance and repair services in the People’s Republic of China. The company also sells office furniture, IT products, water dispensers, printing papers, and other products, as well as provides maintenance services with enterprise resource planning systems. It serves private and public sector businesses, as well as large enterprises and institutions. The company was founded in 2015 and is based in Shanghai, China.