EZGO Technologies Ltd. (NASDAQ:EZGO) Stock Short Interest Report for September

EZGO Technologies Ltd. (NASDAQ:EZGO) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 24,967 shares, an increase of 825.7% from the September 15th total of 2,697 shares. Based on an average daily volume of 392,879 shares, the short-interest ratio is presently 0.1 days. Approximately 1.8% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on EZGO shares. Wall Street Zen upgraded shares of EZGO Technologies to a “sell” rating in a research report on Saturday, June 20th. Weiss Ratings downgraded shares of EZGO Technologies from a “sell (e+)” rating to a “sell (e)” rating in a research note on Friday, September 25th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, EZGO Technologies currently has a consensus rating of “Sell”.

EZGO Technologies Stock Performance

Shares of EZGO stock opened at $0.87 on Monday. EZGO Technologies has a twelve month low of $0.74 and a twelve month high of $1,098.75. The stock’s fifty day simple moving average is $0.95 and its 200 day simple moving average is $42.23. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.91 and a current ratio of 3.07.

EZGO Technologies (NASDAQ:EZGO) last posted its earnings results on Friday, August 14th. The company reported ($26.49) EPS for the quarter. The business had revenue of $3.18 million during the quarter.

EZGO Technologies Company Profile

EZGO Technologies Ltd. (NASDAQ: EZGO) is a China-based company focused on electric mobility and related products. The company develops, manufactures and sells electric bicycles, electric tricycles, electric scooters and other low-speed electric vehicles designed for personal transportation, delivery and commercial applications.

EZGO also produces and sells lithium-ion battery packs and related components used in electric vehicles. Its product portfolio has included electric vehicles for consumers as well as logistics and other business users, supporting applications such as short-distance transportation and last-mile delivery.

The company is headquartered in Changzhou, Jiangsu Province, China, and primarily serves the Chinese market through its manufacturing and sales operations.