U Power Limited (NASDAQ:UCAR – Get Free Report) rose 5.6% on Wednesday . The company traded as high as $2.65 and last traded at $2.65. Approximately 9,424 shares were traded during trading, a decline of 94% from the average daily volume of 146,800 shares. The stock had previously closed at $2.51.
U Power Stock Up 5.6 %
The company has a fifty day moving average price of $4.96 and a 200-day moving average price of $6.18.
About U Power
U Power Limited, together with its subsidiaries, engages in the development, manufacture, and sale of new energy vehicles and battery swapping stations in the People's Republic of China. It also offers battery swapping and sourcing, as well as technical and consultation services. The company was founded in 2013 and is headquartered in Wuhu, the People's Republic of China.
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