Eshallgo (NASDAQ:EHGO) Upgraded to “Hold” at Wall Street Zen

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

Separately, Weiss Ratings reaffirmed 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, Eshallgo has an average rating of “Sell”.

Eshallgo Stock Performance

Shares of Eshallgo stock opened at $1.91 on Friday. Eshallgo has a one year low of $1.12 and a one year high of $12.72. The stock’s 50-day moving average is $2.11 and its 200 day moving average is $2.60.

Eshallgo (NASDAQ:EHGO) last issued its earnings results on Friday, July 31st. The company reported ($0.65) earnings per share for the quarter. The business had revenue of $4.26 million during the quarter.

Institutional Trading of Eshallgo

An institutional investor recently bought a new stake in Eshallgo stock. Yorkville Advisors Global LP bought a new stake in shares of Eshallgo Inc. (NASDAQ:EHGO) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 272,500 shares of the company’s stock, valued at approximately $59,000. Eshallgo comprises about 0.0% of Yorkville Advisors Global LP’s holdings, making the stock its 25th largest position. Yorkville Advisors Global LP owned about 0.84% of Eshallgo at the end of the most recent quarter.

About Eshallgo

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.