Eshallgo (NASDAQ:EHGO) Downgraded by Wall Street Zen to “Sell”

Eshallgo (NASDAQ:EHGO – Get Free Report) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Eshallgo in a research report on Monday, September 21st. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Get Our Latest Analysis on EHGO

Eshallgo Stock Up 1.8%

Shares of Eshallgo stock opened at $1.73 on Friday. The business has a fifty day simple moving average of $3.67 and a 200-day simple moving average of $10.27. Eshallgo has a 12 month low of $1.50 and a 12 month high of $33.75.

About Eshallgo

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Eshallgo Limited is a China-based provider of office-supply products and related services. The company focuses on helping organizations procure and manage everyday workplace needs through an integrated business-to-business platform.

Its offerings include office stationery, consumables, equipment, furniture and other workplace products. Eshallgo also provides related supply-chain services, such as sourcing, warehousing, order fulfillment and distribution, to support corporate and institutional customers.

The company serves customers in China through its office-supply and fulfillment operations.

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