EZGO Technologies Ltd. (EZGO, Financial) experienced a significant stock drop of 5.62%. The share price fell to $0.500, with a trading volume of 35,913 shares and a turnover rate of 0.63%. The stock showed a price fluctuation of 5.13%.
Recent financial reports revealed that EZGO generated $21.13 million in revenue but faced a net loss of $7.28 million, translating to an earnings per share of -$2.80. The gross profit was reported at $1.51 million, and the price-to-earnings ratio stood at -0.18. Currently, there are no institutional ratings suggesting a buy, hold, or sell for EZGO.
Within the automotive sector, where EZGO operates, the overall decline was 1.02%. Some related stocks, such as Mastercraft Boat Holdings, Inc., Ocean Products, and Harley-Davidson, saw notable gains. Meanwhile, Vision Marine Technologies Inc., Harley-Davidson, and Polaris were particularly active, with turnover rates of 3.31%, 1.35%, and 0.99%, respectively. Stocks with significant price fluctuations included Mastercraft Boat Holdings, Inc., Brp Inc., and Massimo Group, with amplitudes of 12.66%, 7.80%, and 6.70%.
EZGO Technologies Ltd. specializes in the sales and leasing of electric bicycles and batteries. The company also engages in battery pack sales, battery cell trading, and charging station operations. Its product range includes electric bicycles, smart unmanned patrol cars, electric motorcycles, electric scooters, and urban-style electric tricycles. The largest revenue segment is from battery units and packs.
