Spi Energy Co Ltd (NASDAQ:SPI) shares gapped up before the market opened on Wednesday . The stock had previously closed at $1.05, but opened at $1.65. Spi Energy shares last traded at $3.46, with a volume of 2,501,598 shares traded.
Separately, ValuEngine upgraded shares of Spi Energy from a “hold” rating to a “buy” rating in a research note on Thursday, July 2nd.
The firm has a 50-day moving average price of $1.31 and a 200 day moving average price of $1.04.
SPI Energy Co, Ltd. provides photovoltaic solutions for business, residential, government, and utility customers and investors. It offers engineering, procurement, and construction services to independent power developers and producers, and commercial and industrial companies. The company also develops, owns, and operates solar projects that sell electricity to power companies and other electricity off-takers.
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