Shares of Jiuzi Holdings Inc. (NASDAQ:JZXN) traded today at $4.94, breaking its 52-week low. This new low was reached on below average trading volume as 598,000 shares traded hands, while the average 30-day volume is approximately 1.3 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.
In the past 52 weeks, shares of Jiuzi Holdings Inc. have traded between the current low of $4.94 and a high of $49.01 and is now at $5.06.
Jiuzi Holdings Inc. (NASDAQ:JZXN) has potential upside of 63.3% based on a current price of $5.06 and analysts’ consensus price target of $8.26.
Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About InvestorBrandNetwork (IBN)
InvestorBrandNetwork (IBN) consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign.
For more information, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer