The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that U Power Announces Market Validation Phase of Shared Battery Swapping Solution for Two- and Four-wheeled EVs.
The company is listed on the NASDAQ and operates within the Auto & Truck Dealerships industry segment. At the end of the last regular session, the stock closed at $0.09 and fluctuated between $0.1050 as its day high and $0.0780 as its day low. The current market capitalization of U Power Ltd is $4.67M. A total of 58.31 million shares were traded on the day, compared to an average of 3.01 shares.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, UCAR has a high of $75.00 and a low of $0.06.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. UCAR’s latest balance sheet shows that the firm has $14.79M in Cash & Short Term Investments as of fiscal 2021. There were $26.83M in debt and $76.82M in liabilities at the time. Its Book Value Per Share was $0.68, while its Total Shareholder’s Equity was $257.68M.
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock.