The stock of EZGO Technologies Ltd. (EZGO, Financial) experienced a significant drop of 5.48%. The current trading price stands at $1.15 per share, with a trading volume of 36,911 shares and a turnover rate of 1.45%, exhibiting a price fluctuation of 4.14%.
According to recent financial reports, EZGO posted a revenue of $8.58 million but reported a net loss of $4.05 million, resulting in an earnings per share of -$1.59. The gross profit was approximately $487,799, and its price-to-earnings ratio is -0.02. As of now, there are no institutional ratings available for EZGO, such as buy, hold, or sell recommendations.
In the automotive sector, where EZGO operates, the overall growth registered is 0.21%. Notably, stocks of Massimo Group, Twin Vee Powercats Co., and Winnebago Industries have shown substantial increases. Twin Vee Powercats Co., Vision Marine Technologies Inc., and Winnebago Industries are notably active, with turnover rates of 20.15%, 4.89%, and 1.63%, respectively. Among them, Twin Vee Powercats Co., Vision Marine Technologies Inc., and Massimo Group exhibit significant price fluctuations of 20.43%, 13.01%, and 6.17% respectively.
EZGO Technologies Ltd. specializes in the sales and rental of electric bicycles, batteries, battery packs, battery cell transactions, and charging stations. Their product range includes electric bicycles, smart unmanned patrol vehicles, electric motorcycles, electric scooters, and urban-style electric tricycles. The company operates through various divisions, including batteries and battery packs, electronic control systems, and smart robots. The largest revenue stream comes from their battery unit and battery pack division.
