EZGO Technologies Ltd [EZGO] is -84.89% lower this YTD. Is it still time to buy?

Caleb Clifford

EZGO Technologies Ltd [NASDAQ: EZGO] price surged by 19.05 percent to reach at $0.03.

A sum of 10087971 shares traded at recent session while its average daily volume was at 6.03M shares. EZGO Technologies Ltd shares reached a high of $0.215 and dropped to a low of $0.1768 until finishing in the latest session at $0.21.

Guru’s Opinion on EZGO Technologies Ltd [EZGO]:

The Price to Book ratio for the last quarter was 0.02, with the Price to Cash per share for the same quarter was set at 0.07.

EZGO Stock Performance Analysis:

EZGO Technologies Ltd [EZGO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 23.09. With this latest performance, EZGO shares gained by 46.75% in over the last four-week period, additionally sinking by -34.38% over the last 6 months – not to mention a drop of -74.33% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EZGO stock in for the last two-week period is set at 53.88, with the RSI for the last a single of trading hit 0.0348, and the three-weeks RSI is set at 0.0361 for EZGO Technologies Ltd [EZGO]. The present Moving Average for the last 50 days of trading for this stock 0.2524, while it was recorded at 0.1736 for the last single week of trading, and 0.3884 for the last 200 days.

Insight into EZGO Technologies Ltd Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and EZGO Technologies Ltd [EZGO] shares currently have an operating margin of -10.29% and a Gross Margin at 8.85%. EZGO Technologies Ltd’s Net Margin is presently recorded at -22.84%.

EZGO Technologies Ltd (EZGO) Capital Structure & Debt Analysis

According to recent financial data for EZGO Technologies Ltd. ( EZGO), the Return on Equity (ROE) stands at -7.28%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -5.20%, reflecting the company’s efficiency in generating profits from its assets. Additionally, EZGO Technologies Ltd’s Return on Invested Capital (ROIC) is -7.11%, showcasing its effectiveness in deploying capital for earnings.

EZGO Technologies Ltd (EZGO) Efficiency & Liquidity Metrics

Based on EZGO Technologies Ltd’s (EZGO) latest financial statements, the Debt-to-Equity Ratio is 0.21%, indicating its reliance on debt financing relative to shareholder equity.

EZGO Technologies Ltd (EZGO) Efficiency & Liquidity Metrics

From an operational efficiency perspective, EZGO Technologies Ltd. (EZGO) effectively leverages its workforce, generating an average of -$62428.57 per employee. The company’s liquidity position is robust, with a Current Ratio of 2.18% and a Quick Ratio of 1.12%, indicating strong ability to cover short-term liabilities.

EZGO Technologies Ltd [EZGO] Institutonal Ownership Details

There are presently around $3.27%, or 3.38%% of EZGO stock, in the hands of institutional investors.

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