Jiuzi (NASDAQ:JZXN) Upgraded at Wall Street Zen

by · The Cerbat Gem

Wall Street Zen upgraded shares of Jiuzi (NASDAQ:JZXN – Free Report) to a hold rating in a report published on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Jiuzi in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Jiuzi presently has a consensus rating of “Sell”.

Read Our Latest Stock Report on Jiuzi

Jiuzi Price Performance

Jiuzi stock opened at $2.63 on Friday. Jiuzi has a 12 month low of $2.12 and a 12 month high of $312.80. The business’s fifty day simple moving average is $10.09 and its two-hundred day simple moving average is $36.74.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Jiuzi stock. Anson Funds Management LP bought a new position in Jiuzi Holdings, Inc. (NASDAQ:JZXN – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 616,216 shares of the company’s stock, valued at approximately $263,000. Anson Funds Management LP owned about 1.23% of Jiuzi as of its most recent filing with the SEC. 0.62% of the stock is currently owned by institutional investors and hedge funds.

Jiuzi Company Profile

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Jiuzi Holdings, Inc, through its subsidiary, Zhejiang Jiuzi New Energy Vehicles Co, Ltd., franchises and operates retail stores under the Jiuzi brand that sell new energy vehicles, plug-in electric vehicles, and related components and parts in the People’s Republic of China. It provides corporate investment consulting services.

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