Wall Street Zen Downgrades EZGO Technologies (NASDAQ:EZGO) to Sell

EZGO Technologies (NASDAQ:EZGO) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Friday.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of EZGO Technologies in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, EZGO Technologies has a consensus rating of “Sell”.

EZGO Technologies Stock Performance

Shares of EZGO opened at $1.94 on Friday. EZGO Technologies has a fifty-two week low of $1.42 and a fifty-two week high of $17.24. The business has a 50-day moving average of $2.09 and a 200 day moving average of $4.63. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.21 and a quick ratio of 3.18.

EZGO Technologies Company Profile

EZGO Technologies Ltd., through its subsidiaries, designs, manufactures, rents, and sells e-bicycles and e-tricycles in the People's Republic of China. It operates in three segments: Battery Cells and Packs; E-Bicycles Sales; and Electronic Control System and Intelligent Robots. The company rents and sells lithium batteries under the Hengmao brand; sells, franchises, and operates smart charging piles for e-bicycles and other electronic devices; and sells battery cells and packs. It also designs and sells intelligent robots, and electric vehicle accessories and electronic control systems; and provide after-sales services for e-bicycles, including technical support, parts supply, and sales of peripheral products and derivatives, including raincoats, helmets, and mobile phone brackets.