Jeffs’ Brands (NASDAQ:JFBR) Upgraded to Sell at Wall Street Zen

Wall Street Zen upgraded shares of Jeffs’ Brands (NASDAQ:JFBR) to a sell rating in a report released on Saturday morning.

Jeffs’ Brands Stock Down 14.4%

Shares of JFBR opened at $0.29 on Friday. Jeffs’ Brands has a 1 year low of $0.29 and a 1 year high of $5.96. The stock has a 50 day simple moving average of $12.96 and a two-hundred day simple moving average of $27.09.

Shares of Jeffs’ Brands are going to reverse split on the morning of Monday, June 16th. The 1-17 reverse split was announced on Thursday, June 12th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, June 13th.

Jeffs’ Brands Company Profile

Jeffs’ Brands Ltd, together with its subsidiaries, operates as an e-commerce company. It engages in the sale of various consumer products on Amazon online marketplace. The company offers knife-sharpening sets, sharpeners, and nonslip rubber bases under the KnifePlanet brand; steel and soft-tip dart sets under the CC-Exquisite brand; car door and sets protectors for pets under the PetEvo brand; and bag sets and party supply kits for children under the Whoobli brand.