LIZHI (NASDAQ:SOGP) Cut to “Buy” at Wall Street Zen

Wall Street Zen cut shares of LIZHI (NASDAQ:SOGP) from a strong-buy rating to a buy rating in a report released on Saturday morning.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of LIZHI in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

LIZHI Stock Performance

Shares of NASDAQ:SOGP opened at $13.55 on Friday. The firm has a market capitalization of $66.94 million, a PE ratio of 150.56 and a beta of 2.98. LIZHI has a 52-week low of $1.18 and a 52-week high of $37.00. The firm has a fifty day moving average of $13.63 and a 200 day moving average of $11.35.

LIZHI Company Profile

Lizhi Inc is a China-based audio entertainment platform operator that develops and operates user-generated content (“UGC”) applications for mobile and web. Its core offering is a voice-focused social media ecosystem that enables content creators to produce and distribute audio programming—ranging from podcasts and storytelling to live talk shows—while connecting with listeners through interactive features.

The company’s flagship product, the Lizhi App, provides a suite of creation and distribution tools that allow anyone to record, edit and publish audio episodes.