SPI Energy (NASDAQ:SPI) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Shares of SPI Energy Co., Ltd. (NASDAQ:SPIGet Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.40 and traded as high as $1.13. SPI Energy shares last traded at $0.77, with a volume of 68,004,747 shares.

SPI Energy Stock Up 23.2 %

The stock’s fifty day simple moving average is $0.38 and its 200-day simple moving average is $0.40. The company has a market capitalization of $24.33 million, a PE ratio of -0.88 and a beta of 0.62.

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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