Eastern International (NASDAQ:ELOG) Stock Price Down 7.6% – Here’s Why

Eastern International Ltd. (NASDAQ:ELOGGet Free Report) traded down 7.6% on Tuesday . The stock traded as low as $0.7610 and last traded at $0.7610. Approximately 1,106 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 4,197 shares. The stock had previously closed at $0.8239.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Eastern International in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Eastern International currently has an average rating of “Sell”.

Check Out Our Latest Research Report on ELOG

Eastern International Price Performance

The firm has a 50-day moving average price of $0.85 and a two-hundred day moving average price of $0.95.

Eastern International (NASDAQ:ELOGGet Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported ($0.08) earnings per share for the quarter. The company had revenue of $9.22 million for the quarter.

About Eastern International

(Get Free Report)

Eastern International Ltd. is a provider of domestic and cross-border professional logistic services including project logistic and general logistic. Eastern International Ltd. is based in Hangzhou, China.

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