Shares of Jiuzi Holdings Inc. (JZXN) Fall Below Previous 52-Week Low

July 13, 2021 12:13:17

Jiuzi Holdings Inc. (NASDAQ:JZXN) traded today at a new 52-week low of $4.54. 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. share prices have moved between a 52-week high of $49.01 and the current low of $4.54 and are currently at $4.64 per share.

Jiuzi Holdings Inc. (NASDAQ:JZXN) has potential upside of 78.1% based on a current price of $4.64 and analysts’ consensus price target of $8.26.

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.

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