ZOOZ Power (NASDAQ:ZOOZ) Cut to Strong Sell at Wall Street Zen

ZOOZ Power (NASDAQ:ZOOZ) was downgraded by equities researchers at Wall Street Zen to a “strong sell” rating in a research report issued to clients and investors on Friday.

Separately, Maxim Group lowered ZOOZ Power from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 24th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $5.00.

ZOOZ Power Stock Performance

NASDAQ ZOOZ opened at $2.36 on Friday. The stock’s 50 day moving average price is $1.69 and its two-hundred day moving average price is $1.54. ZOOZ Power has a 52 week low of $0.73 and a 52 week high of $4.38.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ZOOZ Power stock. Jane Street Group LLC bought a new position in shares of ZOOZ Power Ltd. (NASDAQ:ZOOZ) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 13,514 shares of the company’s stock, valued at approximately $33,000. Jane Street Group LLC owned about 0.11% of ZOOZ Power at the end of the most recent quarter. 38.06% of the stock is currently owned by institutional investors and hedge funds.

ZOOZ Power Company Profile

ZOOZ Power Ltd. engages in developing, manufacturing, marketing, and selling energy store solutions for electric vehicles in Israel, Germany, the United Kingdom, and the United States. It offers ZOOZTER-100, a kinetic power booster based on flywheel technology designed to enable sustainable and cost-effective rollout of ultra-fast electric vehicle charging stations in areas where the grid is power-limited.