Electrovaya (TSE:EFL) Reaches New 52-Week High at $0.29

Electrovaya Inc. (TSE:EFL)’s share price hit a new 52-week high on Friday . The stock traded as high as C$0.29 and last traded at C$0.29, with a volume of 32830 shares trading hands. The stock had previously closed at C$0.29.

The firm’s 50 day moving average price is C$0.24. The firm has a market cap of $31.10 million and a PE ratio of -7.63.

Electrovaya (TSE:EFL) last announced its quarterly earnings results on Tuesday, May 14th. The company reported C($0.03) earnings per share for the quarter. The company had revenue of C$1.67 million during the quarter. As a group, equities analysts expect that Electrovaya Inc. will post -0.13 EPS for the current fiscal year.

About Electrovaya (TSE:EFL)

Electrovaya Inc, together with its subsidiaries, designs, develops, manufactures, and markets lithium-ion based battery products in Canada, the United States, Germany, and internationally. It provides lithium-ion batteries and systems for materials handling electric vehicles (MHEVs) and other electric transportation applications, as well as for electric stationary storage and other battery markets.

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