Eshallgo (NASDAQ:EHGO) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Eshallgo (NASDAQ:EHGO) to a sell rating in a research note published on Saturday.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Eshallgo in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Eshallgo Stock Performance

EHGO opened at $2.05 on Friday. Eshallgo has a 1 year low of $1.12 and a 1 year high of $13.12. The stock’s 50 day simple moving average is $2.09 and its 200 day simple moving average is $2.65.

Eshallgo (NASDAQ:EHGO) last released its quarterly earnings data on Friday, July 31st. The company reported ($0.65) earnings per share for the quarter. The firm had revenue of $4.26 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Eshallgo stock. Yorkville Advisors Global LP acquired a new position in Eshallgo Inc. (NASDAQ:EHGO) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 272,500 shares of the company’s stock, valued at approximately $59,000. Eshallgo makes up approximately 0.0% of Yorkville Advisors Global LP’s investment portfolio, making the stock its 25th biggest holding. Yorkville Advisors Global LP owned approximately 0.84% of Eshallgo at the end of the most recent quarter.

About Eshallgo

Eshallgo Inc, through its subsidiaries, engages in the sale and leasing of office equipment and after-sale maintenance and repair services in the People’s Republic of China. The company also sells office furniture, IT products, water dispensers, printing papers, and other products, as well as provides maintenance services with enterprise resource planning systems. It serves private and public sector businesses, as well as large enterprises and institutions. The company was founded in 2015 and is based in Shanghai, China.