Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five (NYSE:FOIL) Cut to “Hold” at Wall Street Zen

Wall Street Zen downgraded shares of Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five (NYSE:FOIL) from a buy rating to a hold rating in a research report report published on Sunday morning,Wall Street Zen reports.

Separately, Cantor Fitzgerald initiated coverage on Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five in a research note on Tuesday, September 8th. They issued an “overweight” rating and a $31.00 price target for the company. One analyst has rated the stock with a Buy rating. Based on data from MarketBeat.com, Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five currently has an average rating of “Buy” and a consensus price target of $31.00.

Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five Trading Up 3.2%

Shares of FOIL stock opened at $22.77 on Friday. Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five has a one year low of $15.15 and a one year high of $28.49. The stock’s 50-day moving average is $20.86.

About Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five

Londian Wason New Energy Tech Inc is an energy technology company focused on the development, manufacture and sale of smart electricity meters and related electricity-management products. Its offerings are designed to support the measurement, monitoring and management of electricity consumption.

The company’s product portfolio includes smart metering solutions for single-phase and three-phase applications, as well as related systems intended to help utilities and other customers collect and manage electricity-use information.