Greenland Technologies (NASDAQ:GTEC) Trading Up 3.7% – Should You Buy?

Greenland Technologies Holding Co. (NASDAQ:GTECGet Free Report)’s share price shot up 3.7% on Monday . The stock traded as high as $2.29 and last traded at $2.27. 382,365 shares were traded during mid-day trading, an increase of 340% from the average session volume of 86,907 shares. The stock had previously closed at $2.19.

Greenland Technologies Trading Up 9.3 %

The company has a quick ratio of 1.31, a current ratio of 1.68 and a debt-to-equity ratio of 0.02. The business has a fifty day simple moving average of $2.08 and a 200 day simple moving average of $2.09.

Greenland Technologies Company Profile

(Get Free Report)

Greenland Technologies Holding Corporation designs, develops, manufactures, and sells components and products for material handling industries worldwide. The company offers transmission products, such as transmission systems and integrated powertrain primarily for electric forklift trucks; electric industrial heavy equipment, including electric wheeled front loader, electric excavator, and electric lithium forklifts; and provides charging solutions.

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