Zapp Electric Vehicles Group (NASDAQ:ZAPP) Stock Rating Upgraded by Litchfield Hills Research

Zapp Electric Vehicles Group (NASDAQ:ZAPP) was upgraded by equities research analysts at Litchfield Hills Research to a “strong-buy” rating in a research report issued to clients and investors on Monday, Zacks.com reports.

Zapp Electric Vehicles Group Trading Down 5.9 %

Shares of Zapp Electric Vehicles Group stock opened at $1.90 on Monday. The firm’s 50-day moving average is $1.71 and its two-hundred day moving average is $4.00. Zapp Electric Vehicles Group has a 1 year low of $0.70 and a 1 year high of $51.40.

Zapp Electric Vehicles Group Company Profile

Zapp Electric Vehicles Limited operates an electric motorcycle company. Its i300 is the first in a suite of electric two-wheelers that the company plans to bring to market. It offers a direct-to-customer experience known as DSDTC (drop-ship-direct-to-customer). The company sells its product the i300, to customers online and delivered to the home, as well as provides at-home inspection, service, and support throughout the vehicle ownership lifecycle.