Jianzhi Education Technology Group (NASDAQ:JZ) Stock to Reverse Split on Thursday, October 15th

Jianzhi Education Technology Group Company Ltd. Sponsored ADR (NASDAQ:JZ)’s stock is set to reverse split before the market opens on Thursday, October 15th. The 1-15 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Wednesday, October 14th.

Jianzhi Education Technology Group Trading Up 53.6%

Shares of JZ stock opened at $1.28 on Friday. Jianzhi Education Technology Group has a fifty-two week low of $0.37 and a fifty-two week high of $164.00. The stock has a 50 day moving average price of $1.33 and a two-hundred day moving average price of $334.35.

Jianzhi Education Technology Group (NASDAQ:JZ) last released its quarterly earnings data on Friday, August 28th. The company reported ($0.05) earnings per share for the quarter. The firm had revenue of $0.79 million during the quarter.

Analyst Ratings Changes

Several equities research analysts have weighed in on JZ shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Jianzhi Education Technology Group in a research report on Friday, September 4th. Wall Street Zen cut shares of Jianzhi Education Technology Group from a “hold” rating to a “sell” rating in a research report on Saturday, September 5th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company currently has an average rating of “Sell”.

Jianzhi Education Technology Group Company Profile

Jianzhi Education Technology Group Company Limited (NASDAQ: JZ) is a China-based education technology company that develops and provides digital educational content and related services. The company primarily serves higher education institutions, vocational colleges and other education organizations in China.

Its offerings include digital teaching materials, online courses, educational resources and technology-enabled learning solutions designed to support instructors and students. Jianzhi also provides services intended to help schools deliver, manage and enhance digital education programs, including content development and related technical support.

The company was established in China and has focused on the domestic education market.