Sunrise New Energy (NASDAQ:EPOW – Get Free Report) announced its quarterly earnings data on Thursday. The company reported ($0.26) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $9.22 million for the quarter.
Sunrise New Energy Trading Down 7.0%
Shares of Sunrise New Energy stock traded down $0.05 on Friday, hitting $0.66. The company had a trading volume of 163,048 shares, compared to its average volume of 533,405. Sunrise New Energy has a 52 week low of $0.57 and a 52 week high of $1.86. The business has a 50-day simple moving average of $0.77 and a 200-day simple moving average of $0.91.
Analyst Ratings Changes
Separately, Weiss Ratings lowered Sunrise New Energy from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, April 24th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Sunrise New Energy currently has a consensus rating of “Sell”.
Institutional Trading of Sunrise New Energy
An institutional investor recently bought a new position in Sunrise New Energy stock. XTX Topco Ltd acquired a new stake in shares of Sunrise New Energy Co., Ltd. (NASDAQ:EPOW – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 29,799 shares of the company’s stock, valued at approximately $29,000. XTX Topco Ltd owned about 0.12% of Sunrise New Energy as of its most recent filing with the Securities and Exchange Commission. 31.86% of the stock is currently owned by institutional investors.
Sunrise New Energy Company Profile
Sunrise New Energy Technologies, Inc (NASDAQ: EPOW) is a Delaware-based holding company focused on the development, manufacturing and sale of advanced energy solutions. Through its operating subsidiaries, the company provides battery systems, energy storage modules and power management software designed to support electric vehicles, renewable energy integration and portable power applications. Its offerings include lithium-ion battery packs, battery management systems (BMS) and turnkey energy storage solutions suitable for residential, commercial and industrial use.
The company’s product lineup is engineered to deliver high energy density, long cycle life and robust safety features.
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