SolarMax Technology, Inc. (NASDAQ:SMXT – Get Free Report) shot up 11.2% during mid-day trading on Monday . The company traded as high as $11.71 and last traded at $11.68. 15,417 shares traded hands during trading, a decline of 93% from the average session volume of 230,202 shares. The stock had previously closed at $10.50.
SolarMax Technology Stock Up 15.3 %
The firm has a 50-day moving average price of $8.94.
About SolarMax Technology
SolarMax Technology, Inc, through its subsidiaries, operates as an integrated solar energy company in the United States and China. The company engages in the sale and installation of photovoltaic and battery backup systems; financing the sale of photovoltaic and battery backup systems; sale of LED systems; and identifying and procuring solar farm projects for resale to third parties, as well as provision of engineering, procuring, and construction services for solar farm projects.
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