A Win For CBAK Energy Technology, Inc.

Mon, Nov 16, 2020 at 05:30 PM
A Win For CBAK Energy Technology, Inc.

CBAK Energy Technology, Inc. (CBAT:NASDAQ) shot up at $11.3, representing a gain of 83.7%. On Fri 13 Nov 20, CBAT:NASDAQ touched a New 2-Week High of $6.15. The stock got featured on our News Catalysts scanner on Mon 16 Nov 20 at 05:15 PM in the 'MISCELLANEOUS' category. From Fri 30 Oct 20, the stock recorded 80.00% Up Days and 63.64% Green Days

About CBAK Energy Technology, Inc. (CBAT:NASDAQ)

CBAK Energy Technology Inc is a US-based company which is engaged in the manufacture, commercialization and distribution of variety of standard and customized lithium ion (Li-ion) high power rechargeable batteries which are mainly used in electric vehicles, light electric vehicles, electric tools, energy storage, uninterruptible power supply and other high power applications. The company manufactures five types of Li-ion rechargeable batteries i.e. aluminum-case cell, battery pack, cylindrical cell, lithium polymer cell and high-power lithium battery cell. It sells its products to packing plants operated by third parties primarily for use in mobile phones and other electronic devices. The company generates majority of its revenue from Mainland China.

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