Electrovaya Inc. (EFL.TO) (TSE:EFL) Stock Crosses Above Two Hundred Day Moving Average of $0.92

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Electrovaya Inc. (EFL.TO) (TSE:EFL) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.92 and traded as high as $1.64. Electrovaya Inc. (EFL.TO) shares last traded at $1.57, with a volume of 499,642 shares changing hands.

The firm has a market capitalization of C$207.30 million and a PE ratio of 174.44. The company’s fifty day simple moving average is C$1.54 and its 200 day simple moving average is C$0.92.

Electrovaya Inc. (EFL.TO) (TSE:EFL) last released its quarterly earnings data on Monday, November 30th. The company reported C($0.01) EPS for the quarter. The business had revenue of C$9.22 million for the quarter. Research analysts predict that Electrovaya Inc. will post 0.04 EPS for the current year.

About Electrovaya Inc. (EFL.TO) (TSE:EFL)

Electrovaya Inc, together with its subsidiaries, designs, develops, manufactures, and markets lithium-ion advanced battery and battery systems in Canada, the United States, and internationally. It provides lithium-ion batteries to power materials handling electric vehicles, including fork-lifts and automated guided vehicles; and electric transportation applications; as well for electric stationary storage and other battery markets.

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