Jianzhi Education Technology Group (NASDAQ:JZ) Stock Scheduled to Reverse Split on Thursday, October 15th

Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) shares are set to reverse split before the market opens on Thursday, October 15th. The 1-15 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, October 14th.

Jianzhi Education Technology Group Stock Up 10.6%

Shares of JZ traded up $0.05 during trading hours on Tuesday, hitting $0.48. 19,842,421 shares of the stock were exchanged, compared to its average volume of 572,718. The stock’s 50-day moving average price is $1.61 and its two-hundred day moving average price is $384.48. Jianzhi Education Technology Group has a 12-month low of $0.37 and a 12-month high of $164.00.

Jianzhi Education Technology Group (NASDAQ:JZ) last posted its quarterly earnings data on Friday, August 28th. The company reported ($0.05) EPS for the quarter. The company had revenue of $0.79 million during the quarter.

Analyst Upgrades and Downgrades

JZ has been the topic of several research reports. Weiss Ratings reissued a “sell (e+)” rating on shares of Jianzhi Education Technology Group in a research note on Friday, September 4th. Wall Street Zen downgraded shares of Jianzhi Education Technology Group from a “hold” rating to a “sell” rating in a report on Saturday, September 5th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Jianzhi Education Technology Group presently has an average rating of “Sell”.

About Jianzhi Education Technology Group

Jianzhi Education Technology Group Company Limited (NASDAQ: JZ) is a China-based education technology company that develops and provides digital educational content, software and related services. Its offerings are designed to support teaching, learning and administration across educational institutions, with a focus on technology-enabled education.

The company provides educational materials and digital learning resources, including course content, online learning products and other instructional solutions.