U Power Limited (NASDAQ:UCAR – Get Free Report) shares dropped 0.5% on Friday . The company traded as low as $7.40 and last traded at $7.40. Approximately 11,017 shares traded hands during trading, a decline of 95% from the average daily volume of 226,876 shares. The stock had previously closed at $7.44.
U Power Stock Performance
The company has a 50-day moving average of $6.66 and a 200-day moving average of $6.42.
U Power Company Profile
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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