Paranovus Entertainment Technology (NASDAQ:PAVS) Stock Rating Lowered by Wall Street Zen

Paranovus Entertainment Technology (NASDAQ:PAVS) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Paranovus Entertainment Technology in a research note on Wednesday, December 24th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Paranovus Entertainment Technology Stock Up 0.8%

Shares of PAVS stock opened at $1.29 on Friday. The firm’s 50-day moving average is $1.63 and its two-hundred day moving average is $42.69. Paranovus Entertainment Technology has a 12 month low of $1.08 and a 12 month high of $150.00.

Paranovus Entertainment Technology (NASDAQ:PAVS) last announced its quarterly earnings results on Friday, December 5th. The company reported ($0.50) earnings per share (EPS) for the quarter. The firm had revenue of $6.21 million for the quarter.

About Paranovus Entertainment Technology

Paranovus Entertainment Technology, Inc (NASDAQ: PAVS) is a development‐stage technology company specializing in digital media solutions for the casino gaming, hospitality and entertainment sectors. The company’s core business revolves around the design, development and deployment of interactive software and hardware platforms that enhance guest engagement, streamline operations and deliver targeted advertising in high‐traffic venues.

Central to Paranovus’ offerings is its PAVS platform, an integrated system that supports virtual‐reality experiences, digital signage, social media kiosks and interactive gaming modules.