Electrovaya (OTCMKTS:EFLVF) Shares Pass Below 50-Day Moving Average – Here’s What Happened

Electrovaya Inc. (OTCMKTS:EFLVFGet Free Report)’s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $2.45 and traded as low as $2.40. Electrovaya shares last traded at $2.45, with a volume of 70,612 shares traded.

Electrovaya Stock Performance

The firm’s 50 day moving average price is $2.45 and its 200-day moving average price is $2.38.

Electrovaya Company Profile

(Get Free Report)

Electrovaya Inc, together with its subsidiaries, engages in the designing, developing, and manufacturing lithium-ion advanced battery and battery systems in North America. It offers lithium-ion batteries and systems for materials handling electric vehicles, including warehouse forklifts and automated guided vehicles, as well as battery chargers to charge the batteries; electromotive power products for electric trucks, electric buses, and other transportation applications; industrial products for energy storage; and power solutions, such as building systems for third parties.

Featured Articles

Receive News & Ratings for Electrovaya Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Electrovaya and related companies with MarketBeat.com's FREE daily email newsletter.