SMA Solar Technology (OTCMKTS:SMTGY) Trading Down 9.7% – Here’s What Happened

Shares of SMA Solar Technology AG (OTCMKTS:SMTGYGet Free Report) dropped 9.7% on Thursday . The stock traded as low as $2.04 and last traded at $2.04. Approximately 763 shares were traded during trading, a decline of 84% from the average daily volume of 4,894 shares. The stock had previously closed at $2.26.

SMA Solar Technology Trading Down 9.7 %

The business has a fifty day moving average of $1.75 and a 200-day moving average of $1.68.

SMA Solar Technology Company Profile

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SMA Solar Technology AG, together with its subsidiaries, engages in development, production, and sale of PV and battery inverters, transformers, chokes, monitoring systems for PV systems, and charging solutions for electric vehicles in Germany and internationally. It operates through Home Solutions, Commercial and Industrial Solutions, and Large Scale and Project Solutions segments.

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