Eshallgo (NASDAQ:EHGO) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Eshallgo (NASDAQ:EHGO) from a sell rating to a hold rating in a report issued on Sunday.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Eshallgo in a research report on Wednesday, June 24th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

Eshallgo Stock Performance

Shares of Eshallgo stock opened at $1.90 on Friday. Eshallgo has a 12-month low of $1.12 and a 12-month high of $12.72. The firm’s 50-day moving average price is $2.11 and its two-hundred day moving average price is $2.57.

Eshallgo (NASDAQ:EHGO) last released its earnings results on Friday, July 31st. The company reported ($0.65) EPS for the quarter. The business had revenue of $4.26 million for the quarter.

Institutional Trading of Eshallgo

An institutional investor recently bought a new position in Eshallgo stock. Yorkville Advisors Global LP bought a new position in shares of Eshallgo Inc. (NASDAQ:EHGO) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 272,500 shares of the company’s stock, valued at approximately $59,000. Eshallgo makes up about 0.0% of Yorkville Advisors Global LP’s portfolio, making the stock its 25th biggest position. Yorkville Advisors Global LP owned 0.84% of Eshallgo at the end of the most recent quarter.

Eshallgo Company Profile

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. It serves private and public sector businesses, as well as large enterprises and institutions. The company was founded in 2015 and is based in Shanghai, China.