JX Luxventure Group (NASDAQ:JXG) Raised to Hold at Wall Street Zen

JX Luxventure Group (NASDAQ:JXG) was upgraded by stock 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 restated a “sell (d)” rating on shares of JX Luxventure Group in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, JX Luxventure Group presently has a consensus rating of “Sell”.

JX Luxventure Group Trading Down 1.3%

Shares of NASDAQ:JXG opened at $5.92 on Friday. JX Luxventure Group has a 1 year low of $3.01 and a 1 year high of $73.80. The business’s 50 day moving average price is $7.39 and its 200-day moving average price is $13.25.

JX Luxventure Group (NASDAQ:JXG) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.16 EPS for the quarter. The company had revenue of $12.59 million during the quarter.

About JX Luxventure Group

JX Luxventure Group Inc is a special purpose acquisition company incorporated in Delaware. As a blank check entity, it has no commercial operations of its own and was established to raise capital through an initial public offering for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

The company’s sponsors and management team bring experience in financial services, corporate finance and mergers and acquisitions.