SolarMax Technology, Inc. (NASDAQ:SMXT – Get Free Report)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $11.59, but opened at $11.21. SolarMax Technology shares last traded at $11.20, with a volume of 4,732 shares changing hands.
SolarMax Technology Trading Up 2.3 %
The business has a 50-day moving average price of $10.42.
Institutional Investors Weigh In On SolarMax Technology
A hedge fund recently bought a new stake in SolarMax Technology stock. Concurrent Investment Advisors LLC bought a new position in shares of SolarMax Technology, Inc. (NASDAQ:SMXT – Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 14,000 shares of the company’s stock, valued at approximately $128,000.
About SolarMax Technology
SolarMax Technology, Inc, through its subsidiaries, operates as an integrated solar energy company in the United States and China. The company engages in the sale and installation of photovoltaic and battery backup systems; sale of LED systems; and identifying and procuring solar farm projects for resale to third parties, as well as provision of engineering, procuring, and construction services for solar farm projects.
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