Wall Street Zen Upgrades Eshallgo (NASDAQ:EHGO) to Hold

Eshallgo (NASDAQ:EHGO – Get Free Report) was upgraded by equities researchers at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Sunday.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Eshallgo in a research report on Wednesday, June 24th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

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Eshallgo Stock Performance

EHGO stock opened at $1.90 on Friday. The firm’s 50-day moving average is $2.11 and its two-hundred day moving average is $2.58. Eshallgo has a 52 week low of $1.12 and a 52 week high of $12.72.

Eshallgo (NASDAQ:EHGO – Get Free Report) last posted its quarterly earnings data on Friday, July 31st. The company reported ($0.65) earnings per share (EPS) for the quarter. The firm had revenue of $4.26 million for the quarter.

Institutional Trading of Eshallgo

An institutional investor recently bought a new position in Eshallgo stock. Yorkville Advisors Global LP acquired a new position in shares of Eshallgo Inc. (NASDAQ:EHGO – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 272,500 shares of the company’s stock, valued at approximately $59,000. Eshallgo makes up approximately 0.0% of Yorkville Advisors Global LP’s portfolio, making the stock its 25th biggest holding. Yorkville Advisors Global LP owned 0.84% of Eshallgo at the end of the most recent reporting period.

About Eshallgo

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Eshallgo Inc, through its subsidiaries, engages in the sale and leasing of office equipment and after-sale maintenance and repair services in the People’s Republic of China. The company also sells office furniture, IT products, water dispensers, printing papers, and other products, as well as provides maintenance services with enterprise resource planning systems. It serves private and public sector businesses, as well as large enterprises and institutions. The company was founded in 2015 and is based in Shanghai, China.

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