Electrovaya (TSE:EFL) Shares Pass Above 200-Day Moving Average of $0.24

Electrovaya Inc. (TSE:EFL)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.24 and traded as high as $0.20. Electrovaya shares last traded at $0.20, with a volume of 13,000 shares.

The stock has a market cap of $21.45 million and a price-to-earnings ratio of -8.60. The stock’s 50 day moving average price is C$0.22 and its two-hundred day moving average price is C$0.24.

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

Electrovaya Company Profile (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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