Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five (NYSE:FOIL) Downgraded by Wall Street Zen to “Hold”

Wall Street Zen lowered shares of Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five (NYSE:FOIL) from a buy rating to a hold rating in a research note published on Sunday morning,Wall Street Zen reports.

Separately, Cantor Fitzgerald initiated coverage on shares of Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five in a report on Tuesday, September 8th. They set an “overweight” rating and a $31.00 price target on the stock. One analyst has rated the stock with a Buy rating. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $31.00.

Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five Stock Down 3.7%

FOIL stock opened at $19.78 on Friday. Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five has a 12 month low of $15.15 and a 12 month high of $28.49. The business has a 50 day simple moving average of $20.79.

Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five Company Profile

Londian Wason New Energy Tech Inc is an energy technology company focused on the development, manufacture and sale of smart electricity meters and related electricity-management products. Its offerings are designed to support the measurement, monitoring and management of electricity consumption.

The company’s product portfolio includes smart metering solutions for single-phase and three-phase applications, as well as related systems intended to help utilities and other customers collect and manage electricity-use information.