Shares of SolarMax Technology, Inc. (NASDAQ:SMXT – Get Free Report) shot up 4.5% during trading on Monday . The company traded as high as $14.20 and last traded at $14.05. 36,561 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 238,836 shares. The stock had previously closed at $13.45.
SolarMax Technology Stock Down 18.6 %
SolarMax Technology Company Profile
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; financing the sale 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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