Paranovus Entertainment Technology (NASDAQ:PAVS) Rating Lowered to “Sell” at Wall Street Zen

Paranovus Entertainment Technology (NASDAQ:PAVS) was downgraded by equities researchers at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Paranovus Entertainment Technology in a research report on Wednesday, December 24th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Paranovus Entertainment Technology Trading Up 0.8%

Shares of Paranovus Entertainment Technology stock opened at $1.29 on Friday. Paranovus Entertainment Technology has a 1 year low of $1.08 and a 1 year high of $150.00. The company has a 50-day moving average of $1.63 and a 200 day moving average of $42.18.

Paranovus Entertainment Technology (NASDAQ:PAVS) last announced its quarterly earnings data on Friday, December 5th. The company reported ($0.50) earnings per share for the quarter. The business had revenue of $6.21 million for the quarter.

About Paranovus Entertainment Technology

Paranovus Entertainment Technology, Inc (NASDAQ: PAVS) is a development‐stage technology company specializing in digital media solutions for the casino gaming, hospitality and entertainment sectors. The company’s core business revolves around the design, development and deployment of interactive software and hardware platforms that enhance guest engagement, streamline operations and deliver targeted advertising in high‐traffic venues.

Central to Paranovus’ offerings is its PAVS platform, an integrated system that supports virtual‐reality experiences, digital signage, social media kiosks and interactive gaming modules.