EZGO Technologies Ltd. (NASDAQ:EZGO) Sees Large Decrease in Short Interest
by Scott Moore · The Cerbat GemEZGO Technologies Ltd. (NASDAQ:EZGO – Get Free Report) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 44,492 shares, a decrease of 32.2% from the December 15th total of 65,616 shares. Based on an average trading volume of 63,126 shares, the short-interest ratio is presently 0.7 days. Approximately 8.4% of the shares of the stock are short sold. Approximately 8.4% of the shares of the stock are short sold. Based on an average trading volume of 63,126 shares, the short-interest ratio is presently 0.7 days.
EZGO Technologies Stock Performance
EZGO traded down $0.02 during trading on Friday, hitting $2.01. The company’s stock had a trading volume of 43,556 shares, compared to its average volume of 68,668. The firm’s 50 day moving average price is $2.26 and its two-hundred day moving average price is $4.86. The company has a current ratio of 3.21, a quick ratio of 3.18 and a debt-to-equity ratio of 0.13. EZGO Technologies has a 12 month low of $1.41 and a 12 month high of $17.24.
Analyst Ratings Changes
A number of research analysts have issued reports on the company. Weiss Ratings reissued a “sell (e+)” rating on shares of EZGO Technologies in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of EZGO Technologies from a “sell” rating to a “hold” rating in a research report on Saturday, January 3rd. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.
Check Out Our Latest Stock Report on EZGO Technologies
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.