U Power’s (UCAR) “Sell (E+)” Rating Reiterated at Weiss Ratings

Weiss Ratings reiterated their sell (e+) rating on shares of U Power (NASDAQ:UCAR) in a research note released on Friday morning,Weiss Ratings reports.

Separately, Maxim Group initiated coverage on shares of U Power in a research report on Tuesday, September 9th. They set a “buy” rating and a $5.00 price target for the company. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $5.00.

U Power Stock Performance

NASDAQ UCAR opened at $1.94 on Friday. The company has a 50-day simple moving average of $2.01 and a two-hundred day simple moving average of $2.71. U Power has a 12-month low of $1.74 and a 12-month high of $9.43.

About U Power

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.