SPI Energy (NASDAQ:SPI) Stock Crosses Below 200-Day Moving Average – Time to Sell?

SPI Energy Co., Ltd. (NASDAQ:SPIGet Free Report) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.40 and traded as low as $0.38. SPI Energy shares last traded at $0.39, with a volume of 752,285 shares changing hands.

SPI Energy Trading Up 8.2 %

The firm has a fifty day simple moving average of $0.38 and a 200 day simple moving average of $0.40. The stock has a market cap of $13.43 million, a price-to-earnings ratio of -0.48 and a beta of 0.68.

SPI Energy Company Profile

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SPI Energy Co, Ltd. provides photovoltaic and electric vehicle (EV) solutions for business, residential, government, and utility customers and investors in Australia, Japan, Italy, the United States, the United Kingdom, and Greece. The company offers engineering, procurement, and construction services to independent power developers and producers, and commercial and industrial companies.

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