At the last check on Friday, EZGO Technologies Ltd.’s (NASDAQ:EZGO) stock was up $0.07, moving up 2.99 percent to $2.58. The average number of shares traded per day over the past five days has been 2,663,382 shares. 4 times new highs have been achieved over the past 5 days, with a $0.10 gain in that time frame. In the last twenty days, the average volume was 1,662,160, while in the previous 50 days, it was 698,968.
Since last month, EZGO stock rose 33.68%. Shares of the company fell to $1.75 on 08/04/23, the lowest level in the past month. A 52-week high of $2.77 was reached on 08/11/23 after having rallying from a 52-week low of $0.37. Since the beginning of this year, EZGO’s stock price has risen by 286.98% or $1.87, and marked a new high 20 times. However, the stock has declined by -6.86% since its 52-week high.
Top 5 AI Stocks to Buy for 2023
The artificial intelligence (AI) revolution is already here. And it's about to change everything we know about everything.
According to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. And investors like you always want to get in on the hottest stocks of tomorrow. Here are five of the best ways to profit from the AI boom.
Click Here to Download the FREE Report.
Sponsored
Financial Health
In the recent quarter, EZGO Technologies Ltd.’s quick ratio stood at 2.40, while its current ratio was 2.70, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 1.30% percent. In the recent year, operating margins totaled -8.60%. Based on annual data, EZGO earned $0.22 million in gross profit and brought in $17.39 million in revenue.
EZGO’s revenue fell -34.68% during the quarter, while net income inched up to $17.39 million. The liabilities of EZGO Technologies Ltd. were 15.0 million at the end of its most recent quarter.
Technical Picture
This quick technical analysis looks at EZGO Technologies Ltd.’s (EZGO) price momentum. With a historical volatility rate of 110.13%, the RSI 9-day stood at 65.47% on 17 August.
With respect to its five-day moving average, the current EZGO Technologies Ltd. price is up by +3.93% percent or $0.10. At present, EZGO shares trade +37.08% above its 20-day simple moving average and +87.85% percent above its 100-day simple moving average. However, the stock is currently trading approximately +55.11% above its SMA50 and +491.00% above its SMA200.
Stochastic coefficient K was 72.91% and Stochastic coefficient D was 72.94%, while ATR was 0.27. Given the Stochastic reading of 77.06% for the 14-day period, the RSI (14) reading has been calculated as 64.08%. As of today, the MACD Oscillator reading stands at 0.07, while the 14-day reading stands at 0.26.
Analyst Ratings
EZGO Technologies Ltd. (EZGO) has been rated – by analysts. According to 0 brokerage firms, EZGO is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate EZGO Technologies Ltd. stock as buy, with 0 recommending it as overweight.
