Zapp Electric Vehicles Group (NASDAQ:ZAPP) Upgraded at Litchfield Hills Research

Litchfield Hills Research upgraded shares of Zapp Electric Vehicles Group (NASDAQ:ZAPP) to a strong-buy rating in a report published on Monday, Zacks.com reports. Litchfield Hills Research also issued estimates for Zapp Electric Vehicles Group’s FY2024 earnings at ($3.26) EPS, FY2025 earnings at ($1.84) EPS and FY2026 earnings at $0.44 EPS.

Zapp Electric Vehicles Group Price Performance

Shares of ZAPP opened at $2.72 on Monday. The firm has a 50 day moving average of $1.64 and a 200 day moving average of $3.98. Zapp Electric Vehicles Group has a twelve month low of $0.70 and a twelve month 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.