EZGO Technologies Ltd. (NASDAQ:EZGO – Get Rating) was up 1.4% during mid-day trading on Monday . The stock traded as high as $1.81 and last traded at $1.75. Approximately 44,600 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 108,070 shares. The stock had previously closed at $1.73.
EZGO Technologies Price Performance
The business’s 50-day moving average is $1.57 and its two-hundred day moving average is $1.24.
Institutional Investors Weigh In On EZGO Technologies
An institutional investor recently raised its position in EZGO Technologies stock. Renaissance Technologies LLC raised its stake in shares of EZGO Technologies Ltd. (NASDAQ:EZGO – Get Rating) by 126.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,300 shares of the company’s stock after acquiring an additional 30,300 shares during the period. Renaissance Technologies LLC owned about 0.11% of EZGO Technologies worth $97,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 0.11% of the company’s stock.
About EZGO Technologies
EZGO Technologies Ltd., through its subsidiaries, designs, manufactures, rents, and sells e-bicycles and e-tricycles in the People's Republic of China. The company operates in two segments, Battery Cells and Packs, and E-Bicycle Sales. It also rents and sells lithium batteries under the Hengmao brand; and sells, franchises, and operates smart charging piles for e-bicycles and other electronic devices.
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