Paranovus Entertainment Technology (NASDAQ:PAVS) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Paranovus Entertainment Technology (NASDAQ:PAVS) to a hold rating in a research report sent to investors on Saturday.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Paranovus Entertainment Technology in a report on Wednesday. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Paranovus Entertainment Technology Price Performance

PAVS opened at $2.17 on Friday. Paranovus Entertainment Technology has a 12 month low of $1.38 and a 12 month high of $150.00. The business has a 50 day simple moving average of $39.84 and a 200-day simple moving average of $69.56.

Paranovus Entertainment Technology (NASDAQ:PAVS) last released its quarterly earnings data on Friday, December 5th. The company reported ($0.50) earnings per share (EPS) for the quarter. The business had revenue of $6.21 million during the quarter.

About Paranovus Entertainment Technology

Paranovus Entertainment Technology, Inc (NASDAQ: PAVS) is a development‐stage technology company specializing in digital media solutions for the casino gaming, hospitality and entertainment sectors. The company’s core business revolves around the design, development and deployment of interactive software and hardware platforms that enhance guest engagement, streamline operations and deliver targeted advertising in high‐traffic venues.

Central to Paranovus’ offerings is its PAVS platform, an integrated system that supports virtual‐reality experiences, digital signage, social media kiosks and interactive gaming modules.