Wall Street Zen Upgrades EZGO Technologies (NASDAQ:EZGO) to “Hold”

EZGO Technologies (NASDAQ:EZGO) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of EZGO Technologies in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, EZGO Technologies currently has a consensus rating of “Sell”.

EZGO Technologies Stock Up 0.5%

Shares of NASDAQ EZGO opened at $2.00 on Friday. EZGO Technologies has a one year low of $1.42 and a one year high of $18.75. The company has a current ratio of 3.21, a quick ratio of 3.18 and a debt-to-equity ratio of 0.13. The firm’s 50 day simple moving average is $2.66 and its two-hundred day simple moving average is $5.26.

About EZGO Technologies

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.