In the past week, EZGO stock has gone down by -52.44%, with a monthly decline of -94.02% and a quarterly plunge of -91.44%. The volatility ratio for the week is 17.60%, and the volatility levels for the last 30 days are 38.00% for EZGO Technologies Ltd. The simple moving average for the past 20 days is -89.94% for EZGO’s stock, with a -89.35% simple moving average for the past 200 days.
Is It Worth Investing in EZGO Technologies Ltd. (NASDAQ: EZGO) Right Now?
The 36-month beta value for EZGO is also noteworthy at 1.54. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for EZGO is 70.30M, and at present, short sellers hold a 1.35% of that float. The average trading volume of EZGO on September 19, 2023 was 8.63M shares.
EZGO) stock’s latest price update
EZGO Technologies Ltd. (NASDAQ: EZGO) has seen a decline in its stock price by -11.05 in relation to its previous close of 0.17. However, the company has experienced a -52.44% decline in its stock price over the last five trading sessions. InvestorPlace reported 2023-08-17 that Micro-cap stocks represent companies with a valuation of less than $300 million. It goes without saying that these are high-risk stocks.
EZGO Trading at -91.87% from the 50-Day Moving Average
After a stumble in the market that brought EZGO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -94.59% of loss for the given period.
Volatility was left at 38.00%, however, over the last 30 days, the volatility rate increased by 17.60%, as shares sank -94.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -91.58% lower at present.
During the last 5 trading sessions, EZGO fell by -52.44%, which changed the moving average for the period of 200-days by -60.59% in comparison to the 20-day moving average, which settled at $1.3719. In addition, EZGO Technologies Ltd. saw -77.53% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for EZGO
Current profitability levels for the company are sitting at:
- -37.16 for the present operating margin
- +1.26 for the gross margin
The net margin for EZGO Technologies Ltd. stands at -36.70. The total capital return value is set at -17.84, while invested capital returns managed to touch -20.45. Equity return is now at value -26.30, with -17.70 for asset returns.
Based on EZGO Technologies Ltd. (EZGO), the company’s capital structure generated 9.14 points at debt to equity in total, while total debt to capital is 8.38.
When we switch over and look at the enterprise to sales, we see a ratio of 0.50, with the company’s debt to enterprise value settled at 0.45. The receivables turnover for the company is 1.27 and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.37.
In summary, EZGO Technologies Ltd. (EZGO) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.