Shares of Zenn Motor Co Inc (TSXV: ZNN), engaged in the business of providing leading edge energy storage solutions and related technologies, recorded over 22.0% gain during each of the past two consecutive trading sessions with significant number of shares exchanging hands. ZNN was the top performer in the Canadian consumer goods & services sector after gaining 22.8% and closed at C$0.70 Tuesday, while recording significant trading volumes of 324,515 shares. ZNN has recently granted options to acquire an aggregate of 856,000 common shares to officers, directors and employees of the company under ZNN’s stock option plan with each option is exercisable to acquire one common share at a price of C$0.57. During the past 5-trading sessions, ZNN gained 75.0% with daily average trading volumes of 705,355 shares, while the stock accumulated 233.3% gain during the past one month with daily average trading volumes of 197,642 shares.
Company Description:
ZENN Motor Company (TSXV: ZNN) develops electric vehicle technologies and solutions that will incorporate electrical energy storage units. The company markets its products primarily to original equipment manufacturers.
1-Year Stock Chart:
Source: Bloomberg
