Jiuzi Stock Set to Reverse Split on Wednesday, July 3rd (NASDAQ:JZXN)

Jiuzi Holdings, Inc. (NASDAQ:JZXN) shares are set to reverse split before the market opens on Wednesday, July 3rd. The 1-13 reverse split was announced on Wednesday, July 3rd. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, July 3rd.

Jiuzi Stock Performance

NASDAQ JZXN traded down $0.04 during trading on Monday, hitting $0.32. The company’s stock had a trading volume of 592,303 shares, compared to its average volume of 462,666. The firm has a 50 day moving average price of $0.37 and a 200 day moving average price of $0.88. Jiuzi has a 52 week low of $0.29 and a 52 week high of $5.68.

Jiuzi Company Profile

Jiuzi Holdings, Inc, through its subsidiary, Zhejiang Jiuzi New Energy Vehicles Co, Ltd., franchises and operates retail stores under the Jiuzi brand that sell new energy vehicles, plug-in electric vehicles, and related components and parts in the People's Republic of China. The company was founded in 2017 and is based in Hangzhou, the People's Republic of China.