NeoVolta (NASDAQ:NEOVW) Trading 3.4% Higher – Still a Buy?

NeoVolta Inc. (NASDAQ:NEOVWGet Free Report) shares were up 3.4% during trading on Wednesday . The stock traded as high as $2.27 and last traded at $1.52. Approximately 26,705 shares traded hands during trading, an increase of 406% from the average daily volume of 5,273 shares. The stock had previously closed at $1.4695.

NeoVolta Price Performance

The business has a 50-day simple moving average of $1.35 and a 200-day simple moving average of $1.52.

NeoVolta Company Profile

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NeoVolta, Inc (NASDAQ: NEOVW) is a cleantech company headquartered in San Diego, California, specializing in integrated power electronics and energy management solutions for residential and light commercial applications. The company designs, manufactures and distributes advanced solar inverters, modular battery storage systems and smart electric vehicle (EV) charging stations. By combining hardware with proprietary cloud-based software, NeoVolta enables customers to optimize renewable energy use, manage peak demand and enhance grid resilience.

At the heart of NeoVolta’s offering is its scalable energy storage platform, which can be paired with new or existing solar photovoltaic (PV) arrays to provide backup power, load-shifting and demand-response functionality.

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