NEW YORK (
) hit a new 52-week low Wednesday as it is currently trading at $2.52, below its previous 52-week high of $5.90 with 113,745 shares traded as of 10:42 a.m. ET. Average volume has been one million shares over the past 30 days.
Ener1 has a market cap of $433.6 million and is part of the
industry. Shares are down 32.5% year to date as of the close of trading on Tuesday.
Ener1, Inc., together with its subsidiaries, engages in designing, developing, and manufacturing rechargeable lithium-ion batteries and battery systems for energy storage in the United States and South Korea. It operates in three segments: Battery, Fuel Cell, and Nanotechnology.
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TheStreet Ratings rates Ener1 as a
. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow, poor profit margins and generally disappointing historical performance in the stock itself. You can view the full
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