Webus International (NASDAQ:WETO) Downgraded by Wall Street Zen to “Strong Sell”

Wall Street Zen cut shares of Webus International (NASDAQ:WETO) to a strong sell rating in a report issued on Saturday morning.

Separately, Weiss Ratings lowered shares of Webus International from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Webus International currently has an average rating of “Sell”.

Webus International Price Performance

Shares of NASDAQ:WETO opened at $26.01 on Friday. Webus International has a 1 year low of $2.70 and a 1 year high of $251.00. The business’s 50-day moving average is $48.51 and its 200-day moving average is $56.75.

About Webus International

Webus International Ltd. operates as a holding company. It engages in the provision of mobility solutions with artificial intelligence augmented online support and itinerary management support. The firm offers commute shuttle, customized chartered bus, packaged tour, and other services to customers. The company was founded on February 10, 2022 and is headquartered in Hangzhou, China.