EZGO Technologies Ltd. (NASDAQ:EZGO) Short Interest Update

EZGO Technologies Ltd. (NASDAQ:EZGO) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 127,751 shares, a growth of 473.2% from the May 31st total of 22,286 shares. Currently, 9.3% of the shares of the stock are sold short. Based on an average daily volume of 1,718,420 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Weiss Ratings raised EZGO Technologies from a “sell (e)” rating to a “sell (e+)” rating in a report on Thursday, May 7th. Wall Street Zen upgraded EZGO Technologies to a “sell” rating in a research report on Saturday, June 20th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, EZGO Technologies presently has an average rating of “Sell”.

EZGO Technologies Trading Down 0.4%

NASDAQ:EZGO traded down $0.01 on Friday, reaching $1.33. The stock had a trading volume of 33,427 shares, compared to its average volume of 647,172. 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 1-year low of $1.12 and a 1-year high of $2,585.62. The stock has a fifty day moving average price of $57.66 and a 200-day moving average price of $182.58.

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.