SMA Solar Technology AG (OTCMKTS:SMTGY – Get Free Report) shot up 2.4% on Friday. The company traded as high as $5.68 and last traded at $5.59. Approximately 984 shares were traded during trading, a decline of 44% from the average daily volume of 1,761 shares. The stock had previously closed at $5.46.
SMA Solar Technology Price Performance
The firm has a 50-day simple moving average of $6.35 and a 200 day simple moving average of $5.84.
About SMA Solar Technology
SMA Solar Technology AG is a Germany-based developer and manufacturer of solar-energy technology. The company specializes in photovoltaic inverters, which convert electricity generated by solar panels into a form suitable for household, commercial and utility-scale use. It also provides related monitoring, control and energy-management solutions.
SMA’s product portfolio serves residential customers, commercial and industrial businesses, solar developers, utilities and operators of large photovoltaic plants.
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