Alfen (OTC:ALFNF) Trading Up 10.5% – What’s Next?

Shares of Alfen (OTC:ALFNFGet Free Report) were up 10.5% on Thursday . The stock traded as high as $11.60 and last traded at $11.60. Approximately 500 shares were traded during mid-day trading, an increase of 213% from the average daily volume of 160 shares. The stock had previously closed at $10.50.

Analyst Ratings Changes

Separately, Jefferies Financial Group downgraded shares of Alfen to an “underperform” rating in a report on Thursday, August 28th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

View Our Latest Stock Report on Alfen

Alfen Price Performance

The firm’s fifty day moving average is $10.84 and its two-hundred day moving average is $13.24.

About Alfen

(Get Free Report)

Alfen N.V., through its subsidiaries, engages in the design, engineering, development, production, and service of smart grids, energy storage systems,and electric vehicle charging equipment. The company offers smart grid solutions, including secondary transformer substations for grid operators, devices for grid automation, and proprietary back-end systems for remote management and control of electricity grids, as well as micro-grids; and supplementary offerings to grid connect amongst others PV farms, electric vehicle (EV) fast-charging hubs, and industrial companies.

Featured Stories

Receive News & Ratings for Alfen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alfen and related companies with MarketBeat.com's FREE daily email newsletter.