Zapp Electric Vehicles Group (NASDAQ:ZAPP) Rating Increased to Strong-Buy at Litchfield Hills Research

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

Zapp Electric Vehicles Group Price Performance

Shares of NASDAQ:ZAPP opened at $2.39 on Monday. Zapp Electric Vehicles Group has a 1 year low of $0.70 and a 1 year high of $51.40. The business’s 50 day simple moving average is $1.67 and its 200 day simple moving average is $3.99.

About Zapp Electric Vehicles Group

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.