JX Luxventure Group (NASDAQ:JXG) Stock Rating Upgraded by Wall Street Zen

JX Luxventure Group (NASDAQ:JXG) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Saturday.

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of JX Luxventure Group in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

JX Luxventure Group Price Performance

Shares of JX Luxventure Group stock opened at $5.92 on Friday. JX Luxventure Group has a fifty-two week low of $3.01 and a fifty-two week high of $73.80. The business’s fifty day moving average is $7.39 and its two-hundred day moving average is $13.57.

JX Luxventure Group (NASDAQ:JXG) last released its earnings results on Wednesday, November 5th. The company reported $0.16 EPS for the quarter. The business had revenue of $12.59 million during the quarter.

About JX Luxventure Group

JX Luxventure Group Inc is a special purpose acquisition company incorporated in Delaware. As a blank check entity, it has no commercial operations of its own and was established to raise capital through an initial public offering for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

The company’s sponsors and management team bring experience in financial services, corporate finance and mergers and acquisitions.