EZGO Stock Surges Over 5 percent Amid Market Activity
| EZGO Stock | USD 0.39 0.01 2.50% |
About 62% of EZGO Technologies' investor base is looking to short. The analysis of overall sentiment of trading EZGO Technologies stock suggests that many investors are alarmed at this time. EZGO Technologies' investing sentiment overview a quick insight into current market opportunities from investing in EZGO Technologies. Many technical investors use EZGO Technologies stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
The stock of EZGO Technologies Ltd. experienced significant movement, with a rapid increase of 5.16 percent in its share price. The stock is currently trading a
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EZGO Technologies Fundamental Analysis
We analyze EZGO Technologies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EZGO Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EZGO Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Profit Margin
Profit Margin Comparative Analysis
EZGO Technologies is currently under evaluation in profit margin category among its peers. Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
EZGO Technologies Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with EZGO Technologies stock to make a market-neutral strategy. Peer analysis of EZGO Technologies could also be used in its relative valuation, which is a method of valuing EZGO Technologies by comparing valuation metrics with similar companies.
Peers
EZGO Technologies Related Equities
| MCFT | MCBC Holdings | 11.79 | ||||
| VMAR | Vision Marine | 7.72 | ||||
| DOOO | BRP | 3.96 | ||||
| MBUU | Malibu Boats | 2.23 | ||||
| MPX | Marine Products | 0.97 | ||||
| BC | Brunswick | 0.53 | ||||
| WGO | Winnebago Industries | 0.15 | ||||
| LFEV | Life Electric | 0.00 | ||||
| THO | Thor Industries | 0.58 | ||||
| LCII | LCI Industries | 0.94 |
Check out EZGO Technologies Hype Analysis, EZGO Technologies Correlation and EZGO Technologies Performance. To learn how to invest in EZGO Stock, please use our How to Invest in EZGO Technologies guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EZGO Technologies. If investors know EZGO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EZGO Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of EZGO Technologies is measured differently than its book value, which is the value of EZGO that is recorded on the company's balance sheet. Investors also form their own opinion of EZGO Technologies' value that differs from its market value or its book value, called intrinsic value, which is EZGO Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EZGO Technologies' market value can be influenced by many factors that don't directly affect EZGO Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EZGO Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if EZGO Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EZGO Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.