Jianzhi Education Technology Group (NASDAQ:JZ) Stock to Reverse Split on Thursday, October 15th

Shares of Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) are scheduled to reverse split on the morning of Thursday, October 15th. The 1-15 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, October 14th.

Jianzhi Education Technology Group Stock Up 10.6%

Shares of JZ traded up $0.05 during mid-day trading on Tuesday, reaching $0.48. The company had a trading volume of 19,842,421 shares, compared to its average volume of 572,718. Jianzhi Education Technology Group has a 52-week low of $0.37 and a 52-week high of $164.00. The stock has a 50 day moving average of $1.61 and a two-hundred day moving average of $384.48.

Jianzhi Education Technology Group (NASDAQ:JZ) last issued its quarterly earnings data on Friday, August 28th. The company reported ($0.05) EPS for the quarter. The firm had revenue of $0.79 million for the quarter.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on JZ shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Jianzhi Education Technology Group in a research note on Friday, September 4th. Wall Street Zen downgraded Jianzhi Education Technology Group from a “hold” rating to a “sell” rating in a research report on Saturday, September 5th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Jianzhi Education Technology Group Company Profile

Jianzhi Education Technology Group Company Limited (NASDAQ: JZ) is a China-based education technology company that develops and provides digital educational content, software and related services. Its offerings are designed to support teaching, learning and administration across educational institutions, with a focus on technology-enabled education.

The company provides educational materials and digital learning resources, including course content, online learning products and other instructional solutions.