Electrovaya (TSE:EFL) Stock Crosses Above 200-Day Moving Average of $0.00

Electrovaya Inc. (TSE:EFL)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.00 and traded as high as C$4.90. Electrovaya shares last traded at C$4.85, with a volume of 17,165 shares changing hands.

Electrovaya Price Performance

The stock has a market capitalization of C$799.57 million, a price-to-earnings ratio of -161.67 and a beta of 1.55. The company’s 50 day simple moving average is C$4.93. The company has a debt-to-equity ratio of 358.91, a current ratio of 0.88 and a quick ratio of 0.33.

Electrovaya Company Profile

Electrovaya Inc, together with its subsidiaries, engages in the designing, developing, and manufacturing lithium-ion advanced battery and battery systems in North America. It offers lithium-ion batteries and systems for materials handling electric vehicles, including warehouse forklifts and automated guided vehicles, as well as battery chargers to charge the batteries; electromotive power products for electric trucks, electric buses, and other transportation applications; industrial products for energy storage; and power solutions, such as building systems for third parties.