EZGO Technologies Ltd. (NASDAQ:EZGO – Get Free Report) was the target of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 20,283 shares, a decrease of 84.1% from the June 15th total of 127,751 shares. Based on an average trading volume of 2,069,184 shares, the short-interest ratio is currently 0.0 days. Currently, 1.5% of the shares of the company are short sold.
EZGO Technologies Trading Up 1.6%
EZGO Technologies stock traded up $0.02 during trading hours on Friday, reaching $1.27. 63,559 shares of the stock were exchanged, compared to its average volume of 1,111,502. EZGO Technologies has a twelve month low of $1.12 and a twelve month high of $2,585.62. The stock has a 50 day moving average of $12.63 and a two-hundred day moving average of $159.37.
Analysts Set New Price Targets
EZGO has been the subject of several research reports. Wall Street Zen upgraded shares of EZGO Technologies to a “sell” rating in a research report on Saturday, June 20th. Weiss Ratings raised EZGO Technologies from a “sell (e)” rating to a “sell (e+)” rating in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.
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.
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