EZGO Technologies (NASDAQ:EZGO) Stock Price Up 1% – Should You Buy?

EZGO Technologies Ltd. (NASDAQ:EZGO) shot up 1% on Tuesday . The company traded as high as $0.9077 and last traded at $0.9003. Approximately 16,624 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 67,440 shares. The stock had previously closed at $0.8910.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on EZGO. Wall Street Zen upgraded EZGO Technologies to a “sell” rating in a report on Saturday, June 20th. Weiss Ratings restated a “sell (e+)” rating on shares of EZGO Technologies in a report on Monday, August 24th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

EZGO Technologies Trading Up 0.8%

The company has a current ratio of 3.07, a quick ratio of 2.91 and a debt-to-equity ratio of 0.11. The firm’s 50 day moving average is $1.05 and its two-hundred day moving average is $75.56.

EZGO Technologies (NASDAQ:EZGO) last issued its quarterly earnings results on Friday, August 14th. The company reported ($26.49) EPS for the quarter. The business had revenue of $3.18 million for the quarter.

About EZGO Technologies

EZGO Technologies Ltd., through its subsidiaries, designs, manufactures, rents, and sells e-bicycles and e-tricycles in the People's Republic of China. It operates in three segments: Battery Cells and Packs; E-Bicycles Sales; and Electronic Control System and Intelligent Robots. The company rents and sells lithium batteries under the Hengmao brand; sells, franchises, and operates smart charging piles for e-bicycles and other electronic devices; and sells battery cells and packs. It also designs and sells intelligent robots, and electric vehicle accessories and electronic control systems; and provide after-sales services for e-bicycles, including technical support, parts supply, and sales of peripheral products and derivatives, including raincoats, helmets, and mobile phone brackets.