Previous close | 5.95 |
Open | 6.00 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 5.65 - 6.00 |
52-week range | 4.20 - 1,529.00 |
Volume | |
Avg. volume | 557,151 |
Market cap | 14.249M |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Key Insights Insiders appear to have a vested interest in U Power's growth, as seen by their sizeable ownership The...
U Power (NASDAQ: UCAR) stock is making big gains again this week. The electric vehicle (EV) company's share price was up 25.5% from last week's market close prior to the start of today's daily trading session, according to data from S&P Global Market Intelligence. On June 21, China announced that it would be implementing 520 billion yuan (roughly $72.4 billion) in tax breaks to promote the adoption of EVs and other vehicles that use non-combustion fuel sources.
Chinese vehicle sourcing specialist U Power (NASDAQ: UCAR) had one of the most powerful upward share-price movements on Wednesday. Following news of a massive new incentive program from that country's government aimed at increasing the take-up of electric vehicles (EVs), U Power's stock closed the day almost 49% higher in value. Early that day, the Chinese government took the wraps off a 520 billion yuan ($72 billion) set of tax breaks for EVs and other alt-fuel vehicles.