Invesco Capital Management LLC recently announced the acquisition of new stake in U Power Ltd (NASDAQ:UCAR). This fresh investment now brings its stake to 0.09% valued currently at $75957.0. In addition, Cantor Fitzgerald & Co. raised its holdings by 19700.0 to 31700.0 shares.
With over 9.67 million U Power Ltd (UCAR) shares trading Friday and a closing price of $0.14 on the day, the dollar volume was approximately $1.35 million. The shares have shown a negative half year performance of -97.76% and its price on 01/05/24 lost nearly -0.62%. Currently, there are 52.50M common shares owned by the public and among those 7.88M shares have been available to trade.
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Invesco Golden Dragon China ETF owns 49165.0 shares of the company’s stock, all valued at over $75714.0.
Shares of U Power Ltd (NASDAQ: UCAR) opened at $0.1425, down -$0.01 from a prior closing price of $0.15. The company’s stock has a 5-day price change of -24.17% and -96.21% over the past three months. It has a 12-month low price of $0.14 and touched a high of $75.00 over the same period. UCAR has an average intraday trading volume of 4.88 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -38.61%, -90.11%, and -96.68% respectively.
Institutional ownership of U Power Ltd (NASDAQ: UCAR) shares accounts for 0.27% of the company’s 52.50M shares outstanding. Mutual fund holders own 0.12%, while other institutional holders and individual stakeholders account for 0.15% and — respectively.
It has a market capitalization of $7.59M. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.05% over the week and 16.64% over the month.
Analysts forecast that U Power Ltd (UCAR) will achieve an EPS of $PACCAR Inc. for the current quarter, $93.59 for the next quarter and $Stocks for Type. The lowest estimate earnings-per-share for the quarter is $U Power Limited while analysts give the company a high EPS estimate of $Avis Budget Group, Inc.. Comparatively, EPS for the current quarter was $UPAR a year ago.
