Satsuma Technology (LON:SATS – Get Free Report) released its earnings results on Thursday. The company reported GBX (2.95) earnings per share for the quarter, Digital Look Earnings reports.
Satsuma Technology Price Performance
LON:SATS remained flat at GBX 0.21 during midday trading on Friday. The stock has a 50 day moving average of GBX 0.21 and a 200-day moving average of GBX 0.22. The company has a market capitalization of £23.42 million and a price-to-earnings ratio of -0.04. Satsuma Technology has a 12 month low of GBX 0.18 and a 12 month high of GBX 13.90.
About Satsuma Technology
Satsuma Technology plc is a London‐listed provider of electric vehicle (EV) battery management and swapping solutions. The company designs, engineers and supplies modular battery swapping stations, robotics for automated battery exchange and a cloud‐based software platform to manage battery inventory, charging schedules and payment processing. By offering battery‐as‐a‐service, Satsuma Technology helps fleet operators and vehicle manufacturers reduce the upfront cost and logistical complexity of EV deployment.
The company focuses primarily on two‐ and three‐wheeler fleets used in last‐mile delivery, ride‐hailing and light commercial transport.
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