CBAK Energy Technology (CBAT) to Release Quarterly Earnings on Monday

CBAK Energy Technology (NASDAQ:CBAT) is projected to announce its earnings results before the market opens on Monday, March 17th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $50.11 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

CBAK Energy Technology Trading Down 1.0 %

Shares of CBAT stock opened at $0.86 on Wednesday. The firm’s 50 day moving average is $0.90 and its 200 day moving average is $0.96. The stock has a market capitalization of $77.59 million, a P/E ratio of 7.19 and a beta of 1.59. CBAK Energy Technology has a 12 month low of $0.77 and a 12 month high of $2.08.

About CBAK Energy Technology

CBAK Energy Technology, Inc, together with its subsidiaries, manufacture, commercialization, and distribution of lithium ion high power rechargeable batteries in Mainland China, the United States, Europe, and internationally. The company operates in two segments, CBAK and Hitrans. Its lithium batteries are used in various applications, including electric vehicles, such as electric cars, electric buses, and hybrid electric cars and buses; light electric vehicles, such as electric bicycles, electric motors, electric tricycles, and smaller-sized electric cars; and electric tools, energy storage, uninterruptible power supply, and other high power applications, as well as cordless power tools.