A Day Up For CBAK Energy Technology, Inc.

CBAK Energy Technology, Inc. (CBAT:NASDAQ) soared at $0.77, representing a gain of 29%. On Fri 22 Nov 19, CBAT:NASDAQ hit a New 2-Week High of $0.6. From Mon 04 Nov 19, the stock recorded 28.57% Up Days and 20.00% 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.