EZGO Technologies Stock Set to Reverse Split on Tuesday, May 19th (NASDAQ:EZGO)

EZGO Technologies Ltd. (NASDAQ:EZGO) shares are going to reverse split on the morning of Tuesday, May 19th. The 1-150 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, May 18th.

EZGO Technologies Price Performance

NASDAQ EZGO traded down $0.01 during trading hours on Friday, reaching $0.02. The company’s stock had a trading volume of 257,535,134 shares, compared to its average volume of 43,996,000. EZGO Technologies has a 1-year low of $0.02 and a 1-year high of $17.24. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.18 and a current ratio of 3.21. The company’s 50-day moving average is $1.16 and its two-hundred day moving average is $1.86.

Analyst Ratings Changes

Several research firms have issued reports on EZGO. Weiss Ratings raised shares of EZGO Technologies from a “sell (e)” rating to a “sell (e+)” rating in a report on Thursday, May 7th. Wall Street Zen cut shares of EZGO Technologies from a “hold” rating to a “sell” rating in a research note on Friday, January 23rd. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

About EZGO Technologies

EZGO Technologies Ltd., through its subsidiaries, designs, manufactures, rents, and sells e-bicycles and e-tricycles in the People's Republic of China. It operates in three segments: Battery Cells and Packs; E-Bicycles Sales; and Electronic Control System and Intelligent Robots. The company rents and sells lithium batteries under the Hengmao brand; sells, franchises, and operates smart charging piles for e-bicycles and other electronic devices; and sells battery cells and packs. It also designs and sells intelligent robots, and electric vehicle accessories and electronic control systems; and provide after-sales services for e-bicycles, including technical support, parts supply, and sales of peripheral products and derivatives, including raincoats, helmets, and mobile phone brackets.