The stock of EZGO Technologies Ltd. (NASDAQ:EZGO) increased by $0.06 on Tuesday to $2.46, up 2.50 percent. The last five days have seen an average of 3,129,143 shares of common stock traded. 20 times new highs were reached in the current year, with a gain of $1.77. The average number of shares traded over the last 20 days was 1,235,091, while the average volume over the last 50 days totaled 525,462.
EZGO stock appreciated 21.78% since last month. On 08/04/23, the company’s shares reached a one-month low of $1.75. The stock touched a high of $2.77 on 08/11/23, after rallying from a low of $0.37 in 52 weeks. The price of EZGO stock has risen by 268.98% or $1.77 this year, reaching a new high 20 times. Still, the stock price is down -11.19% from the 52-week high.
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Financial Health
For the recent quarter, EZGO Technologies Ltd.’s quick ratio was 2.40, while its current ratio was 2.70, indicating its ability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 1.30% percent. EZGO Technologies Ltd.’s EBITDA margin for the recent year was -32.42%, whereas its operating margin stood at -8.60% for the same period. Based on annual data, it had gross profit of $0.22 million and revenue of $17.39 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. There was a -20.90% return on investment (ROI) in the past year.
Earnings Surprise
Net income for the quarter came in at $17.39 million, while revenues fell by -34.68% to $0.0.
Technical Picture
Here’s a quick look at EZGO Technologies Ltd.’s (EZGO) price momentum from a technical perspective. As of 14 August, the RSI 9-day stood at 67.03%, suggesting the stock is Neutral, with a 124.09% historical volatility rate.
The stochastic %K and %D were 66.34% and 70.36% respectively, while the average true range (ATR) was 0.25. Based on the 14-day stochastic reading of 67.65%, the RSI (14) reading is 64.71%. On the 9-day MACD Oscillator, the stock is at 0.23, and the 14-day reading is at 0.31.
Analyst Ratings
Analysts have assigned EZGO Technologies Ltd. (EZGO) an – rating. EZGO is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 0 others recommend it as a buy.
