Electrovaya Inc. (OTCMKTS:EFLVF – Get Free Report) passed below its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $7.34 and traded as low as $6.1850. Electrovaya shares last traded at $6.35, with a volume of 578,621 shares trading hands.
Electrovaya Stock Up 3.2%
The company’s fifty day moving average is $7.30 and its 200 day moving average is $8.63.
About Electrovaya
Electrovaya Inc is a Canadian battery technology company that develops and manufactures lithium-ion batteries, battery systems and related technologies. Its products are designed to support electrification across applications that require high energy density, long cycle life and reliable operation.
The company serves markets including material-handling equipment, electric vehicles, robotics, aerospace and defense, and stationary energy storage. Its offerings include battery modules, complete battery systems and proprietary lithium-ion technologies, including ceramic separator solutions intended to improve battery safety and performance.
Electrovaya was founded in 1996 and is headquartered in Mississauga, Ontario.
Further Reading
- Five stocks we like better than Electrovaya
- 3 Income Stocks Under $30 That Yield More Than the 10-Year Treasury Note
- 3 AI Winners, 3 Very Different Paths to Higher Margins
- Plexus Is Booming—But Can the Growth Story Last?
- Conagra’s Turnaround Is Starting to Show Up in the Numbers
Receive News & Ratings for Electrovaya Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Electrovaya and related companies with MarketBeat.com's FREE daily email newsletter.
