CBAK Energy Technology, Inc. Made Headway

CBAK Energy Technology, Inc. (CBAT:NASDAQ) shot up at $2.45, a gain of 81.5%. On Thu 24 Sep 20, CBAT:NASDAQ touched a New 2-Week High of $1.35. From Thu 10 Sep 20, the stock recorded 60.00% Up Days and 72.73% Green Days

The stock spiked on Thu 24 Sep 20 at $1.95 with a volume of 89M+.

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.