China Bak Battery (CBAK) Announces Quarterly Earnings Results
China Bak Battery (NASDAQ:CBAK) announced its earnings results on Tuesday. The company reported ($0.78) earnings per share (EPS) for the quarter, StockRatingsNetwork.com reports. The company had revenue of $48.00 million for the quarter, compared to the consensus estimate of $46.00 million.
Shares of China Bak Battery (NASDAQ:CBAK) traded down 3.82% during mid-day trading on Tuesday, hitting $3.78. The stock had a trading volume of 178,269 shares. China Bak Battery has a one year low of $1.30 and a one year high of $5.00. The stock has a 50-day moving average of $3. and a 200-day moving average of $2.93. The company’s market cap is $47.7 million.
Manufactures standard and customized lithium ion rechargeable batteries.
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