Positives for U Power Ltd (UCAR) as stock gains in recent trading

U Power Ltd (NASDAQ: UCAR) is -51.50% lower on its value in year-to-date trading and has touched a low of $0.06 and a high of $75.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The UCAR stock was last observed hovering at around $0.53M in the last trading session, with the day’s loss setting it -0.43%.

Currently trading at $0.10, the stock is N/A and N/A N/A its SMA20 and SMA50 respectively. However, with a daily trading volume of 18.96 and changing 0.09% at the moment leaves the stock N/A off its SMA200. UCAR registered a loss of -98.27% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of -$0.60 and a 200-day simple moving average (SMA200) of $0.07.

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The stock witnessed a -30.90% gain in the last 1 month and extending the period to 3 months gives it a -96.68%, and is 6.08% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 26.13% over the week and 16.24% over the month.

Distance from 52-week low is 42.63% and -99.88% from its 52-week high.

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U Power Ltd (UCAR) Top Institutional Holders

10 institutions hold shares in U Power Ltd (UCAR), with institutional investors hold 1.09% of the company’s shares. The shares outstanding are 52.50M, and float is at 15.02M with Short Float at 3.52%. Institutions hold 0.31% of the Float.

The top institutional shareholder in the company is Invesco Ltd. with over 49323.0 shares valued at $4389.0. The investor’s holdings represent 0.09% of the UCAR Shares outstanding. As of Sep 29, 2023, the second largest holder is Geode Capital Management, LLC with 29872.0 shares valued at $2658.0 to account for 0.06% of the shares outstanding. The other top investors are Cantor Fitzgerald, L. P. which holds 31700.0 shares representing 0.06% and valued at over $2821.0, while Bank of Montreal/Can/ holds 0.03% of the shares totaling 15000.0 with a market value of $1335.0.