EZGO Technologies Ltd. (NASDAQ:EZGO) Sees Significant Growth in Short Interest
by Amy Steele · The Cerbat GemEZGO Technologies Ltd. (NASDAQ:EZGO – Get Free Report) saw a large growth in short interest in September. As of September 15th, there was short interest totaling 2,697 shares, a growth of 186.6% from the August 31st total of 941 shares. Based on an average daily trading volume, of 38,093 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the company’s stock are sold short.
Wall Street Analyst Weigh In
Several equities research analysts have weighed in on the company. Weiss Ratings reissued a “sell (e+)” rating on shares of EZGO Technologies in a report on Monday, August 24th. Wall Street Zen upgraded shares of EZGO Technologies to a “sell” rating in a report on Saturday, June 20th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.
View Our Latest Report on EZGO
EZGO Technologies Stock Performance
Shares of NASDAQ:EZGO traded down $0.18 on Friday, hitting $0.91. 125,777 shares of the company were exchanged, compared to its average volume of 225,252. The company has a current ratio of 3.07, a quick ratio of 2.91 and a debt-to-equity ratio of 0.11. EZGO Technologies has a 1-year low of $0.74 and a 1-year high of $1,098.75. The stock’s 50 day moving average price is $0.97 and its 200 day moving average price is $57.09.
EZGO Technologies (NASDAQ:EZGO – Get Free Report) last released its earnings results on Friday, August 14th. The company reported ($26.49) earnings per share (EPS) for the quarter. The company had revenue of $3.18 million during the quarter.
EZGO Technologies Company Profile
EZGO Technologies Ltd. is a China-based company focused on electric mobility products and related energy solutions. Through its subsidiaries, the company designs, manufactures and sells electric vehicles, including electric bicycles, electric tricycles and other low-speed electric vehicles intended for personal transportation, delivery and commercial use.
EZGO also develops and sells lithium-ion battery products and battery packs used in electric vehicles and other applications. Its business has included both vehicle manufacturing and the distribution of electric-vehicle components and related products, with operations primarily serving customers in China.
The company is headquartered in Changzhou, Jiangsu, China.