U Power Limited (NASDAQ:UCAR – Get Free Report) shares shot up 0.8% during mid-day trading on Thursday . The company traded as high as $2.67 and last traded at $2.60. 46,657 shares were traded during trading, a decline of 69% from the average session volume of 151,748 shares. The stock had previously closed at $2.58.
U Power Trading Down 5.8 %
The firm’s 50-day moving average price is $3.39 and its 200-day moving average price is $5.72.
About U Power
U Power Limited, together with its subsidiaries, engages in the development, manufacture, and sale of new energy vehicles and battery swapping stations in the People's Republic of China. It also offers battery swapping and sourcing, as well as technical and consultation services. The company was founded in 2013 and is headquartered in Wuhu, the People's Republic of China.
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