SolarMax Technology, Inc. (NASDAQ:SMXT – Get Free Report) shares rose 11.2% on Monday . The company traded as high as $11.71 and last traded at $11.68. Approximately 15,417 shares changed hands during trading, a decline of 93% from the average daily volume of 230,202 shares. The stock had previously closed at $10.50.
SolarMax Technology Trading Down 12.2 %
The company’s fifty day simple moving average is $9.01.
About SolarMax Technology
SolarMax Technology, Inc, through its subsidiaries, operates as an integrated solar energy company in the United States and China. The company engages in the sale and installation of photovoltaic and battery backup systems; financing the sale of photovoltaic and battery backup systems; sale of LED systems; and identifying and procuring solar farm projects for resale to third parties, as well as provision of engineering, procuring, and construction services for solar farm projects.
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