LIZHI (NASDAQ:SOGP) Lowered to “Buy” Rating by Wall Street Zen

LIZHI (NASDAQ:SOGP) was downgraded by Wall Street Zen from a “strong-buy” rating to a “buy” rating in a report released on Saturday.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of LIZHI in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, LIZHI has a consensus rating of “Sell”.

LIZHI Stock Performance

Shares of SOGP stock opened at $13.28 on Friday. LIZHI has a fifty-two week low of $1.18 and a fifty-two week high of $37.00. The stock has a 50 day simple moving average of $13.66 and a two-hundred day simple moving average of $11.12. The company has a market cap of $65.60 million, a P/E ratio of 147.56 and a beta of 2.98.

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.