The stock of EZGO Technologies Ltd (EZGO) has seen a 5.81% increase in the past week, with a -36.85% drop in the past month, and a -53.57% decrease in the past quarter. The volatility ratio for the week is 18.75%, and the volatility levels for the past 30 days are at 20.37% for EZGO. The simple moving average for the past 20 days is -17.11% for EZGO’s stock, with a -91.50% simple moving average for the past 200 days.
Is It Worth Investing in EZGO Technologies Ltd (NASDAQ: EZGO) Right Now?
The stock has a 36-month beta value of 2.00. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for EZGO is 2.38M, and at present, short sellers hold a 0.47% of that float. On April 24, 2024, the average trading volume of EZGO was 580.95K shares.
EZGO) stock’s latest price update
EZGO Technologies Ltd (NASDAQ: EZGO)’s stock price has gone decline by -6.67 in comparison to its previous close of 1.95, however, the company has experienced a 5.81% increase in its stock price over the last five trading days. 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 -41.93% 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 -98.36% of loss for the given period.
Volatility was left at 20.37%, however, over the last 30 days, the volatility rate increased by 18.75%, as shares sank -36.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -57.28% lower at present.
During the last 5 trading sessions, EZGO rose by +5.81%, which changed the moving average for the period of 200-days by -97.44% in comparison to the 20-day moving average, which settled at $2.1425. In addition, EZGO Technologies Ltd saw -60.43% 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:
- -0.3 for the present operating margin
- 0.07 for the gross margin
The net margin for EZGO Technologies Ltd stands at -0.43. The total capital return value is set at -0.1. Equity return is now at value -14.41, with -10.47 for asset returns.
Based on EZGO Technologies Ltd (EZGO), the company’s capital structure generated 0.09 points at debt to capital in total, while cash flow to debt ratio is standing at -2.24. The debt to equity ratio resting at 0.1. The interest coverage ratio of the stock is -272.92.
Currently, EBITDA for the company is -1.2 million with net debt to EBITDA at 2.06. When we switch over and look at the enterprise to sales, we see a ratio of -0.27. The receivables turnover for the company is 2.11for trailing twelve months and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.79.
Conclusion
To sum up, EZGO Technologies Ltd (EZGO) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing 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.
