Sunrise New Energy (NASDAQ:EPOW) Stock Price Up 1.8% – Here’s What Happened

Sunrise New Energy Co., Ltd. (NASDAQ:EPOWGet Free Report)’s share price rose 1.8% during mid-day trading on Tuesday . The stock traded as high as $0.90 and last traded at $0.86. Approximately 3,051 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 16,184 shares. The stock had previously closed at $0.85.

Sunrise New Energy Trading Up 1.8 %

The business’s 50 day simple moving average is $0.86 and its 200 day simple moving average is $0.91. The company has a current ratio of 0.87, a quick ratio of 0.51 and a debt-to-equity ratio of 0.75.

Sunrise New Energy Company Profile

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Sunrise New Energy Co, Ltd. engages in the manufacture and sale of graphite anode material for EVs and other lithium-ion batteries. The company also operates a peer-to-peer knowledge sharing and enterprise service platform business. In addition, it offers education consulting, training, tailored, information technology, business incubation, enterprise information technology integration, health, and agricultural technology services, as well as cultural and artistic exchanges and planning, and conference services.

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