EZGO Technologies Ltd. (NASDAQ:EZGO) saw an upside of 4.40% to close Monday at $2.61 after adding $0.11 on the day. The 5-day average trading volume is 3,293,180 shares of the company’s common stock. It has gained $2.76 in the past week and touched a new high 4 times within the past 5 days. An average of 1,957,910 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 824,186.
EZGO’s 1-month performance is 41.08% or $0.76 on its low of $1.75 reached on 08/04/23. The company’s shares have touched a 52-week low of $0.37 and high of $2.77, with the stock’s rally to the 52-week high happening on 08/11/23. YTD, EZGO has achieved 291.48% or $1.94 and has reached a new high 20 times. However, the current price is down -5.78% from the 52-week high price.
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Valuation Metrics
EZGO stock has a beta of 1.17. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 9.36.
EZGO Technologies Ltd.’s quick ratio for the recent period was 2.40, with the current ratio over the same period at 2.70. In terms of profitability, the gross margin trailing 12 months is 1.30%. The firm’s gross profit as reported stood at $0.22 million against revenue of $17.39 million.
Earnings Surprise
Net income grew 53.87% to -$6.46 million, while revenue of $0.0 was 100.0% off the previous quarter. EZGO stock balance sheet for the recent quarter shows that total liabilities totaled 15.0 million, with total debt at $2.79 million.
Let’s look briefly at EZGO Technologies Ltd. (EZGO) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 21 August was 68.12% to suggest the stock is trending Neutral, with historical volatility in this time period at 86.34%.
The stock’s 5-day moving average is $2.53, reflecting a +8.75% or $0.21 change from its current price. EZGO is currently trading +33.85% above its 20-day SMA, +87.77% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +51.57% and SMA200 by+521.43%.
Stochastic %K and %D was 77.29% and 74.56% and the average true range (ATR) pointed at 0.27. The RSI (14) points at 65.91%, while the 14-day stochastic is at 84.31% with the period’s ATR at 0.25. The stock’s 9-day MACD Oscillator is pointing at 0.09 and 0.26 on the 14-day charts.
