A Reversal for Electrovaya Inc. Is Not Near. The Stock Rises Again

 A Reversal for Electrovaya Inc. Is Not Near. The Stock Rises Again

The stock of Electrovaya Inc. (TSE:EFL) is a huge mover today! About 470,033 shares traded hands or 42.79% up from the average. Electrovaya Inc. (TSE:EFL) has risen 60.53% since April 8, 2016 and is uptrending. It has outperformed by 55.54% the S&P500.
The move comes after 5 months positive chart setup for the $216.15M company. It was reported on Nov, 14 by Barchart.com. We have $5.99 PT which if reached, will make TSE:EFL worth $339.36 million more.

More important recent Electrovaya Inc. (TSE:EFL) news were published by: Marketwatch.com which released: “Electrovaya Inc.” on April 15, 2011, also Business.Financialpost.com published article titled: “Podcast: Electrovaya Inc. CEO says products superior to Tesla, Panasonic, and BYD”, Bloomberg.com published: “Tiny Battery Company Electrovaya Is Taking on Tesla, Panasonic” on June 30, 2016. More interesting news about Electrovaya Inc. (TSE:EFL) was released by: Business.Financialpost.com and their article: “Canadian lithium-ion battery maker Electrovaya racks up orders, cranks up …” with publication date: July 07, 2016.

Electrovaya Inc. is a Canada-based company, which is engaged in developing, manufacturing and marketing of power technology products. The company has a market cap of $216.15 million. The Firm develops energy storage products, including electrodes, separators, cells, modules and advanced battery systems. It currently has negative earnings. The Firm develops Lithium Ion SuperPolymer batteries and battery-related products for the clean electric transportation, utility scale energy storage and smart grid power, consumer and healthcare markets.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment