NaaS Technology (NASDAQ:NAAS) Stock Rating Upgraded by Wall Street Zen

NaaS Technology (NASDAQ:NAAS) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of NaaS Technology in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

NaaS Technology Trading Down 5.4%

NAAS stock opened at $3.15 on Friday. The stock has a market capitalization of $6.80 million, a price-to-earnings ratio of -0.02 and a beta of 0.66. The firm’s 50-day moving average price is $3.40 and its two-hundred day moving average price is $4.25. NaaS Technology has a 12-month low of $1.96 and a 12-month high of $60.00.

About NaaS Technology

NaaS Technology Inc provides electric vehicle (EV) charging services in China. The company offers integrated online EV charging solutions to charging stations, including mobility connectivity services through Kuaidian; SaaS products, such as traffic support and management, marketing, payment, chargers’ management, order management, load management, and membership management.