Electrovaya (OTCMKTS:EFLVF) Stock Price Passes Above Fifty Day Moving Average – Should You Sell?

Electrovaya Inc. (OTCMKTS:EFLVFGet Free Report)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $8.56 and traded as high as $10.80. Electrovaya shares last traded at $10.55, with a volume of 828,145 shares.

Electrovaya Stock Up 1.6%

The stock has a fifty day moving average price of $8.56 and a 200 day moving average price of $7.77.

About Electrovaya

(Get Free Report)

Electrovaya is a Canadian developer and manufacturer of advanced lithium-ion battery products, serving a range of industries including electric transportation, industrial material handling and stationary energy storage. Headquartered in Mississauga, Ontario, the company designs and produces battery cells, modules and complete energy storage systems that leverage proprietary nanotechnology to deliver high energy density, long cycle life and enhanced safety features.

The company’s product portfolio includes scalable battery modules for electric buses and commercial vehicles, battery packs for forklifts and automated guided vehicles, as well as containerized energy storage units for grid stabilization, load shifting and renewable energy integration.

See Also

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.