We feature Highpower International Inc (NASDAQ: HPJ), a China based battery maker, as today’s top momentum gainer since the stock gained more than 10% during the last two consecutive trading days with huge number of shares changing hands than in a normal session. During the last trading session, HPJ was among the top gainers in the U.S. industrial sector after gaining 29.2% and closed at its 52-week high of $6.86 while recording significant volumes of 4.1 million shares. During the past 5 trading sessions, HPJ surged 36.9% with daily average traded volumes of 1.2 million shares, while the stock has accumulated over 32% during the past one month with daily average volumes of 859,982 shares.
Company Description:
Highpower International Inc (NASDAQ: HPJ) develops and manufactures nickel metal hydride and lithium-ion rechargeable batteries and related products. The company’s batteries are used for a wide range of electronic devices, such as digital cameras, DVD players, electric razors and toothbrushes, power tools, electric toys, personal portable electronic devices and hybrid electric vehicles.
1-Year Stock Chart:
Source: Bloomberg
