Jiuzi Holdings, Inc. (NASDAQ:JZXN – Get Free Report)’s share price shot up 13.3% during mid-day trading on Friday . The company traded as high as $3.50 and last traded at $3.50. 67,854 shares traded hands during trading, a decline of 60% from the average session volume of 169,798 shares. The stock had previously closed at $3.09.
Jiuzi Stock Performance
The business’s 50 day simple moving average is $3.94 and its 200-day simple moving average is $2.89.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Jiuzi stock. Citadel Advisors LLC bought a new stake in shares of Jiuzi Holdings, Inc. (NASDAQ:JZXN – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 43,283 shares of the company’s stock, valued at approximately $58,000. Citadel Advisors LLC owned 21.75% of Jiuzi as of its most recent SEC filing. 0.62% of the stock is owned by institutional investors.
Jiuzi Company Profile
Jiuzi Holdings, Inc, through its subsidiary, Zhejiang Jiuzi New Energy Vehicles Co, Ltd., franchises and operates retail stores under the Jiuzi brand that sell new energy vehicles, plug-in electric vehicles, and related components and parts in the People’s Republic of China. It provides corporate investment consulting services.
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