ICZOOM Group (NASDAQ:IZM) Receives Sell (D) Rating from Weiss Ratings

ICZOOM Group (NASDAQ:IZM)‘s stock had its “sell (d)” rating reaffirmed by research analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

ICZOOM Group Stock Performance

Shares of ICZOOM Group stock opened at $2.40 on Wednesday. ICZOOM Group has a one year low of $1.18 and a one year high of $2.95. The firm has a fifty day moving average of $2.46 and a two-hundred day moving average of $2.31.

Hedge Funds Weigh In On ICZOOM Group

A hedge fund recently raised its stake in ICZOOM Group stock. XTX Topco Ltd lifted its stake in shares of ICZOOM Group Inc. (NASDAQ:IZM) by 140.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 24,433 shares of the company’s stock after purchasing an additional 14,290 shares during the quarter. XTX Topco Ltd owned about 0.31% of ICZOOM Group worth $44,000 at the end of the most recent quarter. 34.25% of the stock is owned by hedge funds and other institutional investors.

About ICZOOM Group

ICZOOM Group Inc, together with its subsidiaries, sells electronic component products to customers in Hong Kong and the People's Republic of China. The company provides semiconductor products, including various integrated circuit, discretes, passive components, and optoelectronics; and equipment, tools, and other electronic component products comprising various electromechanical, maintenance, repair and operations, and various design tools.