SolarMax Technology, Inc. (NASDAQ:SMXT – Get Free Report) gapped down prior to trading 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.
SolarMax Technology Stock Up 2.3 %
The firm has a 50 day moving average of $10.42.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in SolarMax Technology stock. Concurrent Investment Advisors LLC bought a new position in SolarMax Technology, Inc. (NASDAQ:SMXT – Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 14,000 shares of the company’s stock, valued at approximately $128,000.
About SolarMax Technology
(Get Free Report)
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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