Site icon Market Globalist

Exro Technologies (EXROF) Stock Climbed 15%. Why?

AZRX Stock

AZRX Stock

The Exro Technologies Inc [OTCQB: EXROF] stock recently closed at $2.8900, up 15.36%.

In contrast to the 30-day moving average of 1.07M, the volume of Exro stock on the day was 28.88K. The EXROF stock value ranged from $0.1640 to $5.9400 in the past 52-week period. EXROF stock spiked in the last session after its motor and inverter system solution for light mobility was validated.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

What has been validated?

Exro is a pioneer in intelligent solutions power electronics and smart control systems to meet the most difficult challenges in electrification. New control technology developed by Exro extends the capabilities of electric motors, generators, and batteries. By using Exro, an application can use less energy and get better performance.

Read More

The Coil Driver from Exro enables two separate torque profiles within a single motor. In real-time, the controller intelligently optimizes power and efficiency by selecting the appropriate configuration.

Yesterday, Exro Technologies released a press release announcing the validation of its motor and inverter system solution for light mobility with Heinzmann GmbH & Co.

What does validation entail?

Various new products in the field of electromobility will benefit from improved Coil Drivers and motors that Exro Technologies (EXROF) along with Heinzmann is working to develop a standard solution for its commercialization by the end of this year.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Exit mobile version