Turbo Energy (NASDAQ:TURB) Shares Up 1.4% – What’s Next?

Turbo Energy, S.A. (NASDAQ:TURB)’s stock price shot up 1.4% during trading on Friday . The company traded as high as $0.7430 and last traded at $0.71. 15,784 shares were traded during trading, a decline of 79% from the average session volume of 74,329 shares. The stock had previously closed at $0.7001.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Wall Street Zen upgraded Turbo Energy to a “hold” rating in a research report on Saturday, November 15th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Turbo Energy in a report on Thursday, October 30th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

Turbo Energy Stock Performance

The firm has a fifty day simple moving average of $0.94 and a two-hundred day simple moving average of $2.41.

About Turbo Energy

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.