Webus International (NASDAQ:WETO) Cut to “Strong Sell” at Wall Street Zen

Wall Street Zen lowered shares of Webus International (NASDAQ:WETO) to a strong sell rating in a research report sent to investors on Saturday morning.

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

Webus International Stock Performance

WETO opened at $27.59 on Friday. The business has a fifty day simple moving average of $47.04 and a 200-day simple moving average of $56.49. Webus International has a 52 week low of $2.70 and a 52 week high of $251.00.

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.