Autozi Internet Technology (Global) (NASDAQ:AZI) Stock Price Up 4.8% – Still a Buy?

Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI)’s stock price rose 4.8% during trading on Monday . The stock traded as high as $1.28 and last traded at $1.2790. Approximately 16,350 shares changed hands during mid-day trading, a decline of 39% from the average daily volume of 26,699 shares. The stock had previously closed at $1.22.

Analysts Set New Price Targets

AZI has been the subject of several recent research reports. Wall Street Zen cut Autozi Internet Technology (Global) from a “hold” rating to a “strong sell” rating in a report on Saturday, March 14th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Autozi Internet Technology (Global) in a report on Monday, April 20th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

Autozi Internet Technology (Global) Stock Performance

The firm has a 50 day simple moving average of $2.18 and a 200-day simple moving average of $17.04.

Autozi Internet Technology (Global) Company Profile

Autozi Internet Technology (Global) Ltd., through its subsidiaries, provides professional one-stop automotive products and services through online and offline channels in the People’s Republic of China. It sells new cars, and auto parts and accessories, as well as offers automotive insurance related services. The company was founded in 2010 and is based in Beijing, China.