Eshallgo (NASDAQ:EHGO) Cut to “Sell” at Wall Street Zen

Wall Street Zen downgraded shares of Eshallgo (NASDAQ:EHGO – Free Report) from a hold rating to a sell rating in a research note issued to investors on Saturday morning,Wall Street Zen reports.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Eshallgo in a research report on Monday, September 21st. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock has a consensus rating of “Sell”.

View Our Latest Research Report on Eshallgo

Eshallgo Stock Down 7.5%

NASDAQ:EHGO opened at $1.60 on Friday. The firm’s 50 day moving average is $3.59 and its 200 day moving average is $10.19. Eshallgo has a 12 month low of $1.50 and a 12 month high of $33.75.

About Eshallgo

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Eshallgo Limited is a China-based provider of office-supply products and related services. The company focuses on helping organizations procure and manage everyday workplace needs through an integrated business-to-business platform.

Its offerings include office stationery, consumables, equipment, furniture and other workplace products. Eshallgo also provides related supply-chain services, such as sourcing, warehousing, order fulfillment and distribution, to support corporate and institutional customers.

The company serves customers in China through its office-supply and fulfillment operations.

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