Electrovaya Inc. (OTCMKTS:EFLVF – Get Free Report) was up 6% during mid-day trading on Wednesday. The stock traded as high as $4.99 and last traded at $4.91. 163,960 shares traded hands during trading, an increase of 170% from the average session volume of 60,787 shares. The stock had previously closed at $4.63.
Electrovaya Stock Up 6.0%
The firm has a 50 day moving average price of $5.93 and a 200-day moving average price of $8.22.
Electrovaya Company Profile
Electrovaya Inc. is a Canadian battery technology company that develops and manufactures lithium-ion battery systems and related components. Its technology portfolio includes lithium-ion cells, battery modules and complete battery systems designed for applications requiring high energy density, long cycle life and enhanced safety. The company serves markets including electric material-handling equipment, commercial and industrial vehicles, electric transportation, stationary energy storage, and specialized aerospace and defense applications.
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