Sunrise New Energy (NASDAQ:EPOW) Stock Price Down 2.1% – Should You Sell?

Sunrise New Energy Co., Ltd. (NASDAQ:EPOW) shares were down 2.1% during trading on Friday . The stock traded as low as $0.82 and last traded at $0.85. Approximately 18,581 shares changed hands during trading, a decline of 16% from the average daily volume of 22,231 shares. The stock had previously closed at $0.87.

Sunrise New Energy Stock Down 2.1%

The firm has a fifty day moving average price of $0.91 and a 200 day moving average price of $0.93. The company has a current ratio of 0.73, a quick ratio of 0.52 and a debt-to-equity ratio of 1.01.

Sunrise New Energy Company Profile

Sunrise New Energy Co, Ltd. engages in the manufacture and sale of graphite anode material for EVs and other lithium-ion batteries. The company also operates a peer-to-peer knowledge sharing and enterprise service platform business. In addition, it offers education consulting, training, tailored, information technology, business incubation, enterprise information technology integration, health, and agricultural technology services, as well as cultural and artistic exchanges and planning, and conference services.