EZGO Technologies (NASDAQ:EZGO) Trading 0% Higher – Time to Buy?

Shares of EZGO Technologies Ltd. (NASDAQ:EZGO) rose 0% during trading on Tuesday . The company traded as high as $1.63 and last traded at $1.62. Approximately 5,570 shares were traded during trading, a decline of 87% from the average daily volume of 42,675 shares. The stock had previously closed at $1.6199.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on EZGO shares. Wall Street Zen downgraded shares of EZGO Technologies from a “hold” rating to a “sell” rating in a research note on Friday, January 23rd. Weiss Ratings restated a “sell (e+)” rating on shares of EZGO Technologies in a report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, EZGO Technologies currently has a consensus rating of “Sell”.

EZGO Technologies Price Performance

The company has a current ratio of 3.21, a quick ratio of 3.18 and a debt-to-equity ratio of 0.13. The firm’s fifty day simple moving average is $1.82 and its 200-day simple moving average is $3.43.

About EZGO Technologies

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.