Turbo Energy (NASDAQ:TURB) Rating Increased to Hold at Wall Street Zen

Turbo Energy (NASDAQ:TURB) was upgraded by research analysts at Wall Street Zen to a “hold” rating in a note issued to investors on Saturday.

Turbo Energy Price Performance

Shares of TURB stock opened at $1.62 on Friday. The stock has a 50-day moving average of $2.05 and a 200-day moving average of $1.97. Turbo Energy has a 1-year low of $0.57 and a 1-year high of $20.45.

Institutional Investors Weigh In On Turbo Energy

A hedge fund recently bought a new stake in Turbo Energy stock. XTX Topco Ltd bought a new position in shares of Turbo Energy, S.A. (NASDAQ:TURB) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 28,301 shares of the company’s stock, valued at approximately $26,000.

Turbo Energy Company Profile

Turbo Energy, SA designs, develops, and distributes equipment for the generation, management, and storage of photovoltaic energy in Spain, rest of Europe, and internationally. The company offers lithium-ion batteries; inverters; photovoltaic modules; Go Solar, a portable photovoltaic product; and Sunbox, an AI based software system that monitors the generation, use, and management of photovoltaic energy. It is also involved in the acquisition, distribution, and sale of electrical and electronic materials for the development of renewable energy projects, such as solar panels, inverters, chargers, regulators, batteries, and structures.