Jiuzi (NASDAQ:JZXN – Get Free Report) released its quarterly earnings results on Friday. The company reported ($43.92) earnings per share for the quarter, FiscalAI reports. The company had revenue of $3.57 million during the quarter.
Jiuzi Trading Down 2.5%
Shares of NASDAQ JZXN opened at $1.17 on Friday. The company’s 50-day simple moving average is $1.26 and its 200-day simple moving average is $1.31. Jiuzi has a 52-week low of $0.75 and a 52-week high of $95.20.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Jiuzi in a report on Tuesday, April 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.
Institutional Inflows and Outflows
An institutional investor recently bought a new stake in Jiuzi stock. Sabby Management LLC acquired a new position in Jiuzi Holdings, Inc. (NASDAQ:JZXN – Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 187,951 shares of the company’s stock, valued at approximately $325,000. Jiuzi comprises about 0.5% of Sabby Management LLC’s holdings, making the stock its 13th largest holding. Sabby Management LLC owned about 14.13% of Jiuzi at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.62% of the company’s stock.
Jiuzi Company Profile
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. The company also engages in new energy vehicle retail, new energy vehicle component sales, new energy vehicle battery sales, vehicle audio equipment and electronics sales, vehicle ornament sales, technology service and development, marketing planning, vehicle rentals, etc.
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