Thunder Power (NASDAQ:AIEV) Reaches New 1-Year High – Here’s What Happened

Shares of Thunder Power Holdings, Inc. (NASDAQ:AIEVGet Free Report) hit a new 52-week high on Monday . The company traded as high as $1,176.5571 and last traded at $1,176.5571, with a volume of 107380 shares. The stock had previously closed at $0.2611.

Thunder Power Stock Up 2.7%

The company has a market cap of $10.42 million, a price-to-earnings ratio of -4.11 and a beta of 0.55. The business has a fifty day simple moving average of $0.16 and a 200 day simple moving average of $0.14.

About Thunder Power

(Get Free Report)

Thunder Power New Energy Vehicle Development Co, Ltd. is a developer and manufacturer of premium electric vehicles, focused on integrating advanced design, engineering and sustainable energy technologies. Established in 2011 and headquartered in Taipei with regional offices in Hong Kong, the company aims to deliver zero-emission mobility solutions that compete in the global luxury EV segment.

The company’s research and development operations span multiple locations, including a design and prototyping studio in Turin, Italy, where exterior and interior concepts are crafted in collaboration with international engineering partners.

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