EZGO Technologies Shares Decline Amid Reverse Split News

Written by Emily J. Thompson, Senior Investment Analyst

Source: SeekingAlpha

Updated: 19 Nov 25

Source: SeekingAlpha

Shares of EZGO Technologies Ltd. (EZGO.O) declined sharply today, crossing below the 5-day simple moving average (SMA) as investors reacted to the company's announcement of a reverse share split. The company revealed plans to consolidate its ordinary shares on a one-for-twenty-five basis, effective November 21, 2025, aiming to boost its market price and maintain its Nasdaq listing.

This strategic move will reduce the total number of outstanding shares from approximately 21.7 million to about 868,029, which may have contributed to the bearish momentum observed in today's trading session. Additionally, the par value of the shares will change from $0.04 to no par value, further indicating a significant restructuring of the company's equity.

EZGO Technologies, known for its focus on short-distance transportation solutions and electric vehicles, is leveraging this reverse split as a means to enhance its market position amidst ongoing challenges. Investors will be closely monitoring the stock's performance as the effective date approaches.

EZGO

$1.93+Infinity%1D

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About EZGO

EZGO Technologies Ltd is a China-based company principally engaged in providing transportation solutions. The Company engages in the sales of electronic bicycles (e-bicycles), battery and e-bicycle rentals, the sales of battery packs, battery cells and its charging piles by leveraging its Internet of things (IoT) management platform. The Company's segments include Battery Cells and Packs segment, Rental segment and E-bicycle Sales segment. The Battery Cells and Packs segment is engaged in selling battery packs and trading battery cells. The Rental segment provides lithium batteries and e-bicycles rental services. The E-bicycle Sales segment distributes e-bicycles through offline and online to customers.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

EZGO Technologies Shares Decline Amid Reverse Split News

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About EZGO

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