Satsuma Technology (LON:SATS – Get Free Report) announced 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
Shares of SATS remained flat at GBX 0.21 during mid-day trading on Thursday. The business has a 50 day simple moving average of GBX 0.21 and a 200 day simple moving average of GBX 0.22. Satsuma Technology has a 52 week low of GBX 0.18 and a 52 week high of GBX 13.90. The stock has a market cap of £23.42 million and a P/E ratio of -0.04.
Satsuma Technology Company Profile
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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