Wall Street Zen Upgrades Paranovus Entertainment Technology (NASDAQ:PAVS) to Hold

Paranovus Entertainment Technology (NASDAQ:PAVS) was upgraded by analysts at Wall Street Zen to a “hold” rating in a report released on Saturday.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Paranovus Entertainment Technology in a research report on Wednesday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Paranovus Entertainment Technology presently has a consensus rating of “Sell”.

Paranovus Entertainment Technology Stock Performance

Shares of Paranovus Entertainment Technology stock opened at $2.17 on Friday. The company’s 50 day moving average price is $39.84 and its two-hundred day moving average price is $69.37. Paranovus Entertainment Technology has a fifty-two week low of $1.38 and a fifty-two week high of $150.00.

Paranovus Entertainment Technology (NASDAQ:PAVS) last released its quarterly earnings data on Friday, December 5th. The company reported ($0.50) earnings per share (EPS) for the quarter. The firm had revenue of $6.21 million during the quarter.

Paranovus Entertainment Technology Company Profile

Paranovus Entertainment Technology, Inc (NASDAQ: PAVS) is a development‐stage technology company specializing in digital media solutions for the casino gaming, hospitality and entertainment sectors. The company’s core business revolves around the design, development and deployment of interactive software and hardware platforms that enhance guest engagement, streamline operations and deliver targeted advertising in high‐traffic venues.

Central to Paranovus’ offerings is its PAVS platform, an integrated system that supports virtual‐reality experiences, digital signage, social media kiosks and interactive gaming modules.