U Power (NASDAQ:UCAR) Stock Price Up 2.7% – Should You Buy?

U Power Limited (NASDAQ:UCARGet Free Report)’s stock price was up 2.7% during mid-day trading on Thursday . The company traded as high as $3.09 and last traded at $3.07. Approximately 1,930 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 64,240 shares. The stock had previously closed at $2.99.

U Power Price Performance

The business’s 50 day moving average is $2.74 and its 200-day moving average is $4.55.

About U Power

(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 Wuhu, the People's Republic of China.

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