ESGL (NASDAQ:ESGL) Trading Down 0.2% – Here’s Why

ESGL Holdings Limited (NASDAQ:ESGL)’s share price was down 0.2% on Wednesday . The company traded as low as $3.86 and last traded at $3.99. Approximately 7,302 shares changed hands during trading, a decline of 12% from the average daily volume of 8,304 shares. The stock had previously closed at $4.00.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed 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, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

ESGL Stock Down 0.2%

The stock has a 50 day moving average of $3.88 and a two-hundred day moving average of $3.44.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ESGL stock. Citadel Advisors LLC purchased a new stake in shares of ESGL Holdings Limited (NASDAQ:ESGL) in the third quarter, according to its most recent filing with the SEC. 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.