Electrovaya (TSE:EFL) Stock Price Crosses Above Two Hundred Day Moving Average of $0.23

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Shares of Electrovaya Inc. (TSE:EFL) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.23 and traded as high as $0.23. Electrovaya shares last traded at $0.23, with a volume of 27,200 shares trading hands.

The firm’s fifty day moving average price is C$0.25 and its 200 day moving average price is C$0.23. The firm has a market capitalization of $24.67 million and a PE ratio of -9.20.

Electrovaya (TSE:EFL) last released its quarterly earnings data on Tuesday, August 13th. The company reported C($0.01) EPS for the quarter. The firm had revenue of C$1.55 million for the quarter. Equities analysts anticipate that Electrovaya Inc. will post -0.13 EPS for the current year.

About Electrovaya (TSE:EFL)

Electrovaya Inc, together with its subsidiaries, designs, develops, manufactures, and markets lithium-ion based battery products in Canada, the United States, Germany, and internationally. It provides lithium-ion batteries and systems for materials handling electric vehicles (MHEVs) and other electric transportation applications, as well as for electric stationary storage and other battery markets.

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