Eshallgo (NASDAQ:EHGO) Upgraded by Wall Street Zen to Sell Rating

Wall Street Zen upgraded shares of Eshallgo (NASDAQ:EHGO) to a sell rating in a research report released on Saturday morning.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Eshallgo in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

Eshallgo Stock Performance

NASDAQ:EHGO opened at $2.02 on Friday. Eshallgo has a one year low of $1.12 and a one year high of $13.48. The business has a fifty day moving average price of $2.09 and a 200-day moving average price of $2.67.

Institutional Investors Weigh In On Eshallgo

An institutional investor recently bought a new stake in Eshallgo stock. Yorkville Advisors Global LP acquired a new position in Eshallgo Inc. (NASDAQ:EHGO) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 272,500 shares of the company’s stock, valued at approximately $59,000. Eshallgo accounts for approximately 0.0% of Yorkville Advisors Global LP’s portfolio, making the stock its 25th largest holding. Yorkville Advisors Global LP owned 0.84% of Eshallgo at the end of the most recent reporting period.

Eshallgo Company Profile

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.