Trader Alert: Unusual Volume Spotted in CBAK Energy Technology, Inc. (NASDAQ:CBAK)

Investors are on alert as CBAK Energy Technology, Inc. (NASDAQ:CBAK)’s stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $1.65.  The day’s total volume of 215296 this morning is in contrast from the three-month daily average of 41.34K.

CBAK Energy Technology, Inc. (NASDAQ:CBAK)‘s market cap, the total dollar value of all of their outstanding shares, is 40.61m.  Including today’s unusual volume, CBAK Energy Technology, Inc.‘s stock is performing at 17.26% on the year.  For the week, the stock is performing 22.22%.  Over the past month the firm’s stock is 17.86%, 26.92% for the last quarter, 22.22% for the past six-months and -25.34% for the last year.

Current levels places CBAK Energy Technology, Inc. (NASDAQ:CBAK)’s stock about -2.94% from the 50-day high and 37.50% away from the 50-day low. 

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