EZGO Technologies Ltd. (NASDAQ: EZGO) stock fell -11.05% on Monday to $0.15 against a previous-day closing price of $0.17. With 27.81 million shares changed hands, the volume of the stock remained heavier than its average volume of 8.63 million shares. During the session, the Recreational Vehicles company that operates in wider Consumer Cyclical sector, reached to the highest price of $0.1712 whereas the lowest price it dropped to was $0.1463. The 52-week range on EZGO shows that it touched its highest point at $2.77 and its lowest point at $0.16 during that stretch. Beta for the stock currently stands at 1.54.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EZGO was down-trending over the past week, with a drop of -52.44%, but this was down by -94.02% over a month. Three-month performance dropped to -91.44% while six-month performance fell -87.92%. The stock lost -72.62% in the past year, while it has lost -77.53% so far this year.
Float and Shares Shorts:
At present, 76.07 million EZGO shares are outstanding with a float of 70.30 million shares on hand for trading. On Aug 30, 2023, short shares totaled 0.95 million, which was 1.81% higher than short shares on Jul 30, 2023. In addition to Mr. Jianhui Ye as the firm’s Chairman & CEO, Ms. Jingyan Wu serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.10% of EZGO’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 0.24% of EZGO, in contrast to 0.01% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in EZGO with 0.14% of the stake, Renaissance Technologies LLC holds 85,800 shares worth 85,800. A second-largest stockholder of EZGO, Citadel Securities LLC, holds 65,070 shares, controlling over 0.10% of the firm’s shares. GPS Wealth Strategies Group LLC is the third largest shareholder in EZGO, holding 886 shares or 0.00% stake. With a 0.01% stake in EZGO, the Fidelity Nasdaq Composite Index F is the largest stakeholder. A total of 2,944 shares are owned by the mutual fund manager. The Carbon Collective Climate Solutio, which owns about 0.00% of EZGO stock, is the second-largest Mutual Fund holder. It holds 1,107 shares valued at 2723.0.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EZGO since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.
