Jiuzi Holdings Inc. (NASDAQ:JZXN) traded today at a new 52-week low of $3.70. This new low was reached on above average trading volume as 4.4 million shares traded hands, while the average 30-day volume is approximately 2.2 million shares.
Jiuzi Holdings Inc operates as a franchise under the brand name Jiuzi. It sells new energy vehicles in third-fourth tier cities in China. The firm also sells plug-in electric vehicles on-demand from vehicle buyers. Its business segments are sales of NEVs and franchise services. The company generates a majority of its revenue from franchisee’s service. Geographically, the firm operates in China.
Jiuzi Holdings Inc. (NASDAQ:JZXN) has potential upside of 6.0% based on a current price of $3.93 and analysts’ consensus price target of $4.17.
In the past 52 weeks, Jiuzi Holdings Inc. share prices are bracketed by a current low of $3.70 and a high of $49.01 and is now at $3.93.
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