Electrovaya Inc. (OTCMKTS:EFLVF – Get Rating) shares are set to reverse split on Friday, June 16th. The 1-5 reverse split was announced on Friday, June 16th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, June 16th.
Electrovaya Price Performance
OTCMKTS EFLVF opened at $0.73 on Wednesday. The company has a fifty day simple moving average of $0.74 and a 200 day simple moving average of $0.80. Electrovaya has a 12-month low of $0.40 and a 12-month high of $1.01.
Analyst Ratings Changes
Separately, Craig Hallum initiated coverage on shares of Electrovaya in a research report on Friday, March 17th. They issued a “buy” rating for the company.
About Electrovaya
Electrovaya Inc, together with its subsidiaries, engages in the designing, developing, and manufacturing lithium-ion advanced battery and battery systems in North America. It offers lithium-ion batteries and systems for materials handling electric vehicles, including warehouse forklifts and automated guided vehicles, as well as battery chargers to charge the batteries; electromotive power products for electric trucks, electric buses, and other transportation applications; industrial products for energy storage; and power solutions, such as building systems for third parties.
Read More
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