EZGO Technologies (NASDAQ:EZGO) Shares Down 3.2% – Here’s Why

EZGO Technologies Ltd. (NASDAQ:EZGOGet Free Report)’s stock price was down 3.2% during trading on Monday . The company traded as low as $1.30 and last traded at $1.35. Approximately 66,910 shares changed hands during mid-day trading, a decline of 73% from the average daily volume of 245,603 shares. The stock had previously closed at $1.39.

EZGO Technologies Stock Performance

The company has a debt-to-equity ratio of 0.11, a current ratio of 4.02 and a quick ratio of 3.69. The stock’s 50 day moving average price is $1.25 and its 200 day moving average price is $1.64.

EZGO Technologies Company Profile

(Get Free Report)

EZGO Technologies Ltd., through its subsidiaries, designs, manufactures, rents, and sells e-bicycles and e-tricycles in the People's Republic of China. It operates in three segments: Battery Cells and Packs; E-Bicycles Sales; and Electronic Control System and Intelligent Robots. The company rents and sells lithium batteries under the Hengmao brand; sells, franchises, and operates smart charging piles for e-bicycles and other electronic devices; and sells battery cells and packs.

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