EZGO Technologies Ltd. (NASDAQ:EZGO – Get Free Report) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 12,432 shares, a decrease of 50.2% from the September 30th total of 24,967 shares. Based on an average trading volume of 92,374 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.9% of the company’s stock are short sold.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings lowered shares of EZGO Technologies from a “sell (e+)” rating to a “sell (e)” rating in a research report on Friday. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company has an average rating of “Sell”.
Get Our Latest Stock Analysis on EZGO
EZGO Technologies Trading Up 1.4%
Shares of EZGO stock traded up $0.01 during mid-day trading on Friday, reaching $0.76. The stock had a trading volume of 15,241 shares, compared to its average volume of 67,467. The business’s fifty day moving average is $0.87 and its 200-day moving average is $87.09. EZGO Technologies has a 1-year low of $0.70 and a 1-year high of $1,098.75. The company has a quick ratio of 2.91, a current ratio of 3.07 and a debt-to-equity ratio of 0.11.
EZGO Technologies (NASDAQ:EZGO – Get Free Report) last issued its quarterly earnings results on Friday, August 14th. The company reported ($26.49) earnings per share for the quarter. The company had revenue of $3.18 million for the quarter.
EZGO Technologies Company Profile
EZGO Technologies Ltd. (NASDAQ: EZGO) is a China-based company focused on short-distance transportation and electric mobility products. Through its operating subsidiaries, the company designs, manufactures and sells electric vehicles and related products for personal, commercial and shared transportation applications.
Its product portfolio includes electric bicycles, electric tricycles, electric scooters, electric carts and other low-speed electric vehicles. EZGO also offers battery packs and related components and has developed products intended for uses such as urban transportation, delivery and mobility services.
The company is based in Changzhou, Jiangsu Province, China, and primarily serves the Chinese market through direct sales and distribution channels.
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