JX Luxventure Group (NASDAQ:JXG) Upgraded by Wall Street Zen to Hold Rating

JX Luxventure Group (NASDAQ:JXG) was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Saturday.

Separately, Weiss Ratings restated a “sell (d)” rating on shares of JX Luxventure Group in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, JX Luxventure Group presently has an average rating of “Sell”.

JX Luxventure Group Trading Down 1.3%

Shares of NASDAQ JXG opened at $5.92 on Friday. The stock has a fifty day moving average price of $7.39 and a 200 day moving average price of $13.57. JX Luxventure Group has a 12-month low of $3.01 and a 12-month high of $73.80.

JX Luxventure Group (NASDAQ:JXG) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.16 earnings per share (EPS) for the quarter. The firm had revenue of $12.59 million during the quarter.

JX Luxventure Group Company Profile

JX Luxventure Group Inc is a special purpose acquisition company incorporated in Delaware. As a blank check entity, it has no commercial operations of its own and was established to raise capital through an initial public offering for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

The company’s sponsors and management team bring experience in financial services, corporate finance and mergers and acquisitions.