Zapp Electric Vehicles Group (NASDAQ:ZAPP) Upgraded to Strong-Buy at Litchfield Hills Research

Zapp Electric Vehicles Group (NASDAQ:ZAPP) was upgraded by equities research analysts at Litchfield Hills Research to a “strong-buy” rating in a report issued on Monday, Zacks.com reports.

Zapp Electric Vehicles Group Stock Down 5.9 %

ZAPP opened at $1.90 on Monday. Zapp Electric Vehicles Group has a twelve month low of $0.70 and a twelve month high of $51.40. The company has a fifty day simple moving average of $1.71 and a 200 day simple moving average of $4.00.

About Zapp Electric Vehicles Group

Zapp Electric Vehicles Limited operates an electric motorcycle company. Its i300 is the first in a suite of electric two-wheelers that the company plans to bring to market. It offers a direct-to-customer experience known as DSDTC (drop-ship-direct-to-customer). The company sells its product the i300, to customers online and delivered to the home, as well as provides at-home inspection, service, and support throughout the vehicle ownership lifecycle.