Eshallgo (NASDAQ:EHGO) Shares to Reverse Split on Monday, April 20th
by Amy Steele · The Cerbat GemEshallgo Inc. (NASDAQ:EHGO – Free Report) shares are scheduled to reverse split on Monday, April 20th. The 1-16 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, April 19th.
Eshallgo Stock Performance
EHGO stock traded down $0.04 during trading hours on Thursday, reaching $0.16. The stock had a trading volume of 3,343,634 shares, compared to its average volume of 287,573. The stock has a 50-day simple moving average of $0.20 and a 200 day simple moving average of $0.30. Eshallgo has a fifty-two week low of $0.15 and a fifty-two week high of $1.34.
Eshallgo (NASDAQ:EHGO – Get Free Report) last announced its quarterly earnings results on Friday, March 13th. The company reported ($0.13) EPS for the quarter. The business had revenue of $3.90 million for the quarter.
Wall Street Analyst Weigh In
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Eshallgo in a research note on Friday, March 27th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.
Read Our Latest Research Report on Eshallgo
Institutional Trading of Eshallgo
An institutional investor recently bought a new position in Eshallgo stock. Yorkville Advisors Global LP acquired a new position in Eshallgo Inc. (NASDAQ:EHGO – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 272,500 shares of the company’s stock, valued at approximately $59,000. Eshallgo makes up approximately 0.0% of Yorkville Advisors Global LP’s investment portfolio, making the stock its 25th biggest position. Yorkville Advisors Global LP owned 0.84% of Eshallgo at the end of the most recent reporting period.
Eshallgo Company Profile
Eshallgo Inc, through its subsidiaries, engages in the sale and leasing of office equipment and after-sale maintenance and repair services in the People’s Republic of China. The company also sells office furniture, IT products, water dispensers, printing papers, and other products, as well as provides maintenance services with enterprise resource planning systems. It serves private and public sector businesses, as well as large enterprises and institutions. The company was founded in 2015 and is based in Shanghai, China.