Thunder Power Holdings, Inc. (NASDAQ:AIEV – Get Free Report) shares rose 69.2% during mid-day trading on Monday . The company traded as high as $0.25 and last traded at $0.22. Approximately 73,850 shares changed hands during trading, an increase of 495% from the average daily volume of 12,408 shares. The stock had previously closed at $0.13.
Thunder Power Price Performance
The firm has a market capitalization of $8.45 million, a price-to-earnings ratio of -3.33 and a beta of 0.55. The business has a 50 day moving average of $0.16 and a 200 day moving average of $0.17.
Thunder Power Company Profile
Thunder Power New Energy Vehicle Development Co, Ltd. is a developer and manufacturer of premium electric vehicles, focused on integrating advanced design, engineering and sustainable energy technologies. Established in 2011 and headquartered in Taipei with regional offices in Hong Kong, the company aims to deliver zero-emission mobility solutions that compete in the global luxury EV segment.
The company’s research and development operations span multiple locations, including a design and prototyping studio in Turin, Italy, where exterior and interior concepts are crafted in collaboration with international engineering partners.
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