SolarBank Co. (NASDAQ:SUUN – Get Free Report)’s share price dropped 3.5% during mid-day trading on Wednesday . The company traded as low as $6.01 and last traded at $6.08. Approximately 47,985 shares traded hands during trading, an increase of 88% from the average daily volume of 25,490 shares. The stock had previously closed at $6.30.
SolarBank Trading Down 3.5 %
The business’s 50-day moving average price is $5.97.
SolarBank (NASDAQ:SUUN – Get Free Report) last posted its quarterly earnings results on Monday, May 13th. The company reported $0.07 earnings per share (EPS) for the quarter. The company had revenue of $17.86 million for the quarter.
About SolarBank
SolarBank Corporation operates as an independent renewable and clean energy project developer and asset operator in Canada and the United States. The company engages in the site origination, development, financing, engineering, procurement, construction, operation, maintenance, and asset management of solar photovoltaic power generation projects.
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