ESGL (NASDAQ:ESGL) Trading Down 1.9% – Should You Sell?

ESGL Holdings Limited (NASDAQ:ESGL)’s stock price fell 1.9% during trading on Friday . The company traded as low as $3.12 and last traded at $3.15. 2,688 shares were traded during trading, a decline of 7% from the average session volume of 2,894 shares. The stock had previously closed at $3.21.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of ESGL in a report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, ESGL presently has an average rating of “Sell”.

ESGL Stock Down 1.9%

The stock’s fifty day moving average price is $3.72 and its 200-day moving average price is $3.62.

Institutional Investors Weigh In On ESGL

An institutional investor recently bought a new position in ESGL stock. Citadel Advisors LLC acquired a new stake in ESGL Holdings Limited (NASDAQ:ESGL) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 16,623 shares of the company’s stock, valued at approximately $64,000.

About ESGL

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.