Turbo Energy (NASDAQ:TURB – Get Free Report) issued its quarterly earnings data on Saturday. The company reported $0.03 EPS for the quarter, FiscalAI reports. The company had revenue of $8.48 million during the quarter.
Turbo Energy Stock Up 18.3%
Shares of TURB opened at $1.36 on Friday. The stock has a 50 day moving average of $2.31 and a 200 day moving average of $1.65. Turbo Energy has a 12 month low of $0.57 and a 12 month high of $20.45.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen raised Turbo Energy to a “hold” rating in a research report on Saturday, April 18th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.
Institutional Trading of Turbo Energy
A hedge fund recently raised its stake in Turbo Energy stock. SmartHarvest Portfolios LLC raised its position in shares of Turbo Energy, S.A. (NASDAQ:TURB – Free Report) by 411.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 111,105 shares of the company’s stock after purchasing an additional 89,364 shares during the period. SmartHarvest Portfolios LLC’s holdings in Turbo Energy were worth $297,000 as of its most recent filing with the Securities and Exchange Commission.
Turbo Energy Company Profile
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. It is also involved in the acquisition, distribution, and sale of electrical and electronic materials for the development of renewable energy projects, such as solar panels, inverters, chargers, regulators, batteries, and structures.
Recommended Stories
- Five stocks we like better than Turbo Energy
- 3 Stocks to Own If Gas Prices Keep Rising
- 3 Crucial Aerospace Component Makers That Analysts Love
- Alphabet’s Googlebook Brings Gemini AI to PC Hardware
- Peloton Stock Gives Back Gains After Upbeat Earnings Report
Receive News & Ratings for Turbo Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Turbo Energy and related companies with MarketBeat.com's FREE daily email newsletter.
