EZGO Technologies Ltd (EZGO) Outperforms Market, Receives Bearish Rating Friday: Is it Time to Sell?

EZGO stock is higher by 2.14% as the EV stock increases $0.01 and outperforms the market Overall market sentiment has been down on EZGO Technologies Ltd (EZGO) stock lately. EZGO receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

EZGO Technologies Ltd has a Bearish 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 uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With EZGO Stock Today?

EZGO Technologies Ltd (EZGO) stock is higher by 2.14% while the S&P 500 is down -0.57% as of 11:25 AM on Friday, Sep 30. EZGO has risen $0.01 from the previous closing price of $0.41 on volume of 1,626 shares. Over the past year the S&P 500 is lower by -16.96% while EZGO is down -85.16%. EZGO lost -$0.38 per share in the over the last 12 months.

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 segment and the E-bicycle sales segment. Click Here to get the full Stock Report for EZGO Technologies Ltd stock.