ESGL (NASDAQ:ESGL) Stock Price Up 0.3% – Time to Buy?

ESGL Holdings Limited (NASDAQ:ESGL)’s share price was up 0.3% on Friday . The stock traded as high as $3.80 and last traded at $3.80. Approximately 6,510 shares traded hands during mid-day trading, an increase of 133% from the average daily volume of 2,796 shares. The stock had previously closed at $3.79.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of ESGL in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

ESGL Stock Performance

The business’s 50-day simple moving average is $3.83 and its two-hundred day simple moving average is $3.15.

Institutional Trading of ESGL

A hedge fund recently bought a new stake in ESGL stock. Citadel Advisors LLC purchased a new position in shares of ESGL Holdings Limited (NASDAQ:ESGL) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 16,623 shares of the company’s stock, valued at approximately $64,000.

ESGL Company Profile

ESGL Holdings Limited provides waste solutions. It regenerates industrial waste into circular products using technologies and renewable energy. The company was founded in 1999 and is based in Singapore.