EZGO - Fast-Growing Chinese E-Bike Seller EZGO Technologies Is Still Not A Buy After Losing 80% Of Its Value
- EZGO is a short-distance electric transportation solutions provider in China. It is mainly involved in selling and renting out e-bikes and battery packs.
- The stock has lost 80% value since its IPO day on the Nasdaq last January.
- Positive aspect of the stock: explosive revenue growth.
- Negative aspects of the stock: limited operational historical data, more expensive than competitors according to sales/profit metrics, fewer resources than competitors in a very competitive market.
- EZGO is not a buy for me: the level of risk is too high whereas competitors are cheaper and more stable investments with excellent growth and potential returns as well.
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Fast-Growing Chinese E-Bike Seller EZGO Technologies Is Still Not A Buy After Losing 80% Of Its Value