Investment analysts at Chardan Capital initiated coverage on shares of Eqonex (NASDAQ:EQOS – Get Rating) in a research note issued to investors on Friday, The Fly reports. The firm set a “neutral” rating on the stock.
Separately, Zacks Investment Research cut shares of Eqonex from a “buy” rating to a “hold” rating in a research note on Friday, May 27th.
EQOS traded down $0.09 on Friday, hitting $1.02. 326,135 shares of the company’s stock were exchanged, compared to its average volume of 415,890. Eqonex has a fifty-two week low of $0.99 and a fifty-two week high of $9.67. The firm has a 50-day moving average price of $1.59 and a 200-day moving average price of $2.08.
About Eqonex (Get Rating)
Eqonex Limited operates as a digital assets financial services company. It builds products, delivers services, and develops solutions that utilize distributed ledger and other technologies to enhance the efficiency of financial markets and the current cryptocurrency industry. The company operates EQONEX cryptocurrency exchange, an exchange for the trading of virtual currencies; and an over-the-counter trading platform, as well as digital assets trading tool.
- Get a free copy of the StockNews.com research report on Eqonex (EQOS)
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