EV Alert: EZGO Technologies Ltd (EZGO) Rises 28.71% This Week, Should You Buy?

EZGO stock is lower by 1.52% as the EV stock decreases $0.02 and underperforms the market The market has been neutral on EZGO Technologies Ltd (EZGO) stock recently. EZGO gets a Neutral score from InvestorsObserver Stock Sentiment Indicator.

EZGO Technologies Ltd has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on EZGO!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With EZGO Stock Today?

EZGO Technologies Ltd (EZGO) stock is down -1.52% while the S&P 500 has gained 0.28% as of 1:55 PM on Monday, Mar 27. EZGO is lower by -$0.02 from the previous closing price of $1.32 on volume of 34,139 shares. Over the past year the S&P 500 is down -12.97% while EZGO has gained 8.33%. EZGO lost -$0.47 per share in the over the last 12 months. To screen for more stocks like EZGO Technologies Ltd click here.

More About EZGO Technologies Ltd

EZGO Technologies Ltd is engaged in the sale of e-bicycles and battery and e-bicycle rentals, complemented by the sale of battery packs, battery cell trading and charging pile business. Its product categories include e-bicycle, e-motorcycle and e-moped and urban style e-tricycle. Its segments include the Battery cells and packs and the E-bicycle sales segment. The company generates maximum revenue from the E-bicycle segment. Click Here to get the full Stock Report for EZGO Technologies Ltd stock.