Turbo Energy (NASDAQ:TURB) Shares Down 0.6% – Here’s Why

Turbo Energy, S.A. (NASDAQ:TURB)’s share price traded down 0.6% during trading on Tuesday . The company traded as low as $1.46 and last traded at $1.53. 8,377 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 92,624 shares. The stock had previously closed at $1.54.

Turbo Energy Stock Performance

The firm’s 50-day simple moving average is $1.59 and its 200 day simple moving average is $1.37.

About Turbo Energy

Turbo Energy, SA designs, develops, and distributes equipment for the generation, management, and storage of photovoltaic energy in Spain, rest of Europe, and internationally. The company offers lithium-ion batteries; inverters; photovoltaic modules; Go Solar, a portable photovoltaic product; and Sunbox, an AI based software system that monitors the generation, use, and management of photovoltaic energy.