Eshallgo (NASDAQ:EHGO) Trading Down 6.2% – Here’s Why

Eshallgo Inc. (NASDAQ:EHGOGet Free Report) fell 6.2% during mid-day trading on Friday . The stock traded as low as $0.3212 and last traded at $0.3507. 398,122 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 2,229,793 shares. The stock had previously closed at $0.3740.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Eshallgo in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Get Our Latest Analysis on Eshallgo

Eshallgo Trading Down 6.2%

The firm has a 50-day moving average of $0.62 and a two-hundred day moving average of $0.83.

About Eshallgo

(Get Free Report)

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.

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