EZGO (EZGO) Stock Surges Over 5% Amid Market Activity

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Dec 09, 2024

EZGO Technologies Ltd. (EZGO, Financial) experienced a significant stock price increase of 5.09%, reaching $0.938 per share. The trading volume was 44,145 shares with a turnover rate of 1.73% and a price fluctuation of 7.01%. Recent financial reports show the company generated $8.58 million in revenue but reported a net loss of $4.05 million, resulting in an earnings per share of -$1.59. The stock's price-to-earnings ratio stands at -0.01, and there are currently no institutional ratings available.

In the automotive sector, where EZGO operates, the overall growth was 1.24%. EZGO is noted for its involvement in electric bicycles, battery sales, and electric vehicle rentals, with its primary revenue coming from battery units and packs.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.