Jianzhi Education Technology Group (NASDAQ:JZ) Stock to Reverse Split on Friday, November 13th

Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ) shares are going to reverse split on the morning of Friday, November 13th. The 1-15 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Thursday, November 12th.

Jianzhi Education Technology Group Stock Up 2.7%

Shares of NASDAQ JZ opened at $0.98 on Friday. Jianzhi Education Technology Group has a 12-month low of $0.37 and a 12-month high of $164.00. The firm’s 50-day moving average is $0.99 and its two-hundred day moving average is $444.26.

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

Analysts Set New Price Targets

Several equities analysts have weighed in on JZ shares. Wall Street Zen downgraded Jianzhi Education Technology Group from a “sell” rating to a “strong sell” rating in a research report on Saturday, October 17th. Weiss Ratings reissued a “sell (e+)” rating on shares of Jianzhi Education Technology Group in a report on Friday, September 4th. One analyst has rated the stock with a Sell rating. According to MarketBeat, the company presently has a consensus rating of “Sell”.

About Jianzhi Education Technology Group

Jianzhi Education Technology Group Company Limited is a China-based education technology company that develops and provides digital educational content and related services. The company focuses on supporting schools, teachers and students through technology-enabled learning products, educational resources and online platforms.

Its offerings include digital course materials, online learning tools and services for vocational and continuing education. Jianzhi Education also provides education-related technology solutions intended to support teaching, training, academic administration and the digital transformation of educational institutions.

The company primarily serves the education market in China, including schools, universities, vocational institutions and other education providers.