Greenland Technologies (NASDAQ:GTEC) Shares Up 3% – Should You Buy?

Greenland Technologies Holding Co. (NASDAQ:GTECGet Free Report) shares traded up 3% during mid-day trading on Friday . The stock traded as high as $2.12 and last traded at $2.09. 104,535 shares were traded during trading, a decline of 56% from the average session volume of 235,092 shares. The stock had previously closed at $2.03.

Greenland Technologies Price Performance

The company has a market cap of $28.41 million, a P/E ratio of -2.20 and a beta of 1.43. The firm’s 50-day moving average is $2.32 and its two-hundred day moving average is $1.95. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.68 and a quick ratio of 1.31.

Greenland Technologies Company Profile

(Get Free Report)

Greenland Technologies Holding Corporation designs, develops, manufactures, and sells components and products for material handling industries worldwide. The company offers transmission products, such as transmission systems and integrated powertrain primarily for electric forklift trucks; electric industrial heavy equipment, including electric wheeled front loader, electric excavator, and electric lithium forklifts; and provides charging solutions.

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