Sunrise New Energy (NASDAQ:EPOW) Shares Down 1.7% – What’s Next?

Sunrise New Energy Co., Ltd. (NASDAQ:EPOWGet Free Report)’s stock price traded down 1.7% on Tuesday . The stock traded as low as $1.15 and last traded at $1.17. 31,002 shares changed hands during trading, a decline of 70% from the average session volume of 102,013 shares. The stock had previously closed at $1.19.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Sunrise New Energy in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

Get Our Latest Analysis on EPOW

Sunrise New Energy Stock Performance

The company has a 50-day simple moving average of $1.15 and a 200-day simple moving average of $1.01.

About Sunrise New Energy

(Get Free Report)

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.

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