Paranovus Entertainment Technology (NASDAQ:PAVS) Cut to “Sell” at Wall Street Zen

Paranovus Entertainment Technology (NASDAQ:PAVS) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Paranovus Entertainment Technology in a report on Wednesday, December 24th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Paranovus Entertainment Technology Trading Up 0.8%

PAVS stock opened at $1.29 on Friday. Paranovus Entertainment Technology has a 12-month low of $1.08 and a 12-month high of $150.00. The business’s 50-day moving average is $1.63 and its 200 day moving average is $42.69.

Paranovus Entertainment Technology (NASDAQ:PAVS) last announced its earnings results on Friday, December 5th. The company reported ($0.50) EPS for the quarter. The business had revenue of $6.21 million during the quarter.

About Paranovus Entertainment Technology

Paranovus Entertainment Technology, Inc (NASDAQ: PAVS) is a development‐stage technology company specializing in digital media solutions for the casino gaming, hospitality and entertainment sectors. The company’s core business revolves around the design, development and deployment of interactive software and hardware platforms that enhance guest engagement, streamline operations and deliver targeted advertising in high‐traffic venues.

Central to Paranovus’ offerings is its PAVS platform, an integrated system that supports virtual‐reality experiences, digital signage, social media kiosks and interactive gaming modules.