NeoVolta (NASDAQ:NEOV) Lowered to "Strong Sell" Rating by Wall Street Zen

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NeoVolta (NASDAQ:NEOV) has been downgraded to a “Strong Sell” rating by Wall Street Zen, consistent with a “sell” rating from Weiss Ratings, leading to a consensus “Reduce” rating. The company missed its recent EPS expectations, reporting a loss of ($0.16) per share against an estimated ($0.04), and showed negative net margin and return on equity. Despite low institutional ownership, some funds have modestly increased their stakes in the clean-energy technology company.

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