Autozi Internet Technology (Global) (NASDAQ:AZI) Shares Down 13% – Time to Sell?

Shares of Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) fell 13% during mid-day trading on Thursday . The stock traded as low as $3.11 and last traded at $3.15. 575,457 shares traded hands during trading, a decline of 95% from the average session volume of 11,462,969 shares. The stock had previously closed at $3.62.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Wall Street Zen upgraded Autozi Internet Technology (Global) to a “hold” rating in a research note on Saturday, December 13th. Weiss Ratings restated a “sell (e+)” rating on shares of Autozi Internet Technology (Global) in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

Autozi Internet Technology (Global) Price Performance

The business’s fifty day moving average price is $3.15 and its 200-day moving average price is $7.84.

Autozi Internet Technology (Global) Company Profile

Autozi Internet Technology (Global) Ltd., through its subsidiaries, provides professional one-stop automotive products and services through online and offline channels in the People’s Republic of China. It sells new cars, and auto parts and accessories, as well as offers automotive insurance related services. The company was founded in 2010 and is based in Beijing, China.