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

EZGO Technologies Ltd. (NASDAQ:EZGO) was the target of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 45,668 shares, a growth of 267.3% from the October 15th total of 12,432 shares. Based on an average trading volume of 35,330 shares, the days-to-cover ratio is currently 1.3 days. Approximately 4.3% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered shares of EZGO Technologies from a “sell (e+)” rating to a “sell (e)” rating in a report on Friday, October 30th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, EZGO Technologies currently has a consensus rating of “Sell”.

EZGO Technologies Stock Down 0.6%

EZGO traded down $0.01 during trading hours on Thursday, reaching $1.64. The company’s stock had a trading volume of 7,784 shares, compared to its average volume of 140,529. EZGO Technologies has a fifty-two week low of $1.40 and a fifty-two week high of $1,811.25. The business’s 50-day moving average is $2.43 and its 200-day moving average is $226.34. The company has a current ratio of 3.07, a quick ratio of 2.91 and a debt-to-equity ratio of 0.11.

EZGO Technologies (NASDAQ:EZGO) last announced its quarterly earnings results on Friday, August 14th. The company reported ($79.47) EPS for the quarter. The firm 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 short-distance transportation and electric mobility products. Through its operating subsidiaries, the company designs, manufactures and sells electric vehicles and related products for personal, commercial and shared transportation applications. Its product portfolio includes electric bicycles, electric tricycles, electric scooters, electric carts and other low-speed electric vehicles. EZGO also offers battery packs and related components and has developed products intended for uses such as urban transportation, delivery and mobility services.