U Power Stock to Reverse Split on Monday, April 1st (NASDAQ:UCAR)

U Power Limited (NASDAQ:UCARFree Report) shares are scheduled to reverse split on Monday, April 1st. The 1-100 reverse split was announced on Monday, April 1st. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, April 1st.

U Power Price Performance

NASDAQ:UCAR opened at $0.05 on Thursday. The firm’s fifty day simple moving average is $0.08 and its 200-day simple moving average is $1.39. The company has a quick ratio of 2.31, a current ratio of 2.40 and a debt-to-equity ratio of 0.03. U Power has a fifty-two week low of $0.05 and a fifty-two week high of $75.00.

Institutional Trading of U Power

Several institutional investors and hedge funds have recently made changes to their positions in UCAR. Virtu Financial LLC purchased a new stake in U Power in the 4th quarter valued at about $60,000. Tower Research Capital LLC TRC purchased a new stake in U Power during the 2nd quarter worth $76,000. Cantor Fitzgerald L. P. purchased a new stake in shares of U Power in the second quarter worth about $85,000. Invesco Ltd. acquired a new stake in shares of U Power in the third quarter valued at about $183,000. Finally, Geode Capital Management LLC purchased a new stake in shares of U Power during the 2nd quarter valued at about $271,000. 13.21% of the stock is currently owned by hedge funds and other institutional investors.

U Power Company Profile

(Get Free Report)

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 Anhui, the People's Republic of China.

Recommended Stories

Receive News & Ratings for U Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for U Power and related companies with MarketBeat.com's FREE daily email newsletter.