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

Jiuzi Holdings, Inc. (NASDAQ:JZXN) shares are set to reverse split on the morning of 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 Down 10.8 %

NASDAQ JZXN traded down $0.04 on Monday, hitting $0.32. 592,303 shares of the company were exchanged, compared to its average volume of 462,666. Jiuzi has a 1-year low of $0.29 and a 1-year high of $5.68. The firm has a 50 day moving average of $0.37 and a two-hundred day moving average of $0.88.

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.