|Bid||7.40 x 900|
|Ask||7.52 x 1000|
|Day's Range||7.45 - 7.96|
|52 Week Range||1.12 - 11.40|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 23, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||21.00|
Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland"), a technology developer and manufacturer of forklift transmissions and drivetrain systems, announced today select preliminary results, which are subject to final audit, indicate revenue for the fourth quarter of 2020 ended December 31, 2020 increased by approximately 25.5% to approximately $73.2 million when compared to $58.3 million in revenue for the same period one year ago.
Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland"), a technology developer and manufacturer of forklift transmission and drivetrain systems, announced today strong initial sales of the Company's new integrated drive train system for electric forklift trucks. The new EV product, which uses lithium batteries, has already ramped to over 800 units in monthly sales both manufactured and delivered since last month's launch.
The Price And Volume Action In Greenland Technologies's Stock Today Greenland Technologies's (NASDAQ: GTEC) stock is trading up 47.74% to a price of $8.74. The stock's volume is currently 9.65 million, which is roughly 126.75% of its recent 30-day volume average of 7.61 million.Why It's Moving Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Greenland Technologies shares are trading higher after the company announced it launched an electric vehicle division.Perspective On Recent Price Action The 50-day moving average price of Greenland Technologies's stock was $3.56 when this article was published. The stock reached a high of $10.0 and a low of $1.12 in the past 52 weeks.If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get 'Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.See more from Benzinga * Click here for options trades from Benzinga * Overview Of Value Stocks In The Industrials Sector * 11 Industrials Stocks Moving In Wednesday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.