SolarMax Technology, Inc. (NASDAQ:SMXT - Get Free Report)'s share price traded down 8.5% during mid-day trading on Monday . The stock traded as low as $1.15 and last traded at $1.19. 311,180 shares were traded during trading, an increase of 19% from the average session volume of 262,380 shares. The stock had previously closed at $1.30.
SolarMax Technology Price Performance
The business's fifty day simple moving average is $1.43 and its 200 day simple moving average is $1.27.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. Jane Street Group LLC purchased a new stake in SolarMax Technology during the 3rd quarter worth approximately $27,000. Charles Schwab Investment Management Inc. grew its position in shares of SolarMax Technology by 541.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 72,186 shares of the company's stock worth $117,000 after buying an additional 60,928 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of SolarMax Technology by 4,844.9% in the fourth quarter. JPMorgan Chase & Co. now owns 109,232 shares of the company's stock worth $177,000 after buying an additional 107,023 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of SolarMax Technology by 242.1% in the fourth quarter. Geode Capital Management LLC now owns 417,437 shares of the company's stock worth $676,000 after buying an additional 295,415 shares during the last quarter. Finally, Wells Fargo & Company MN raised its holdings in SolarMax Technology by 703.0% in the fourth quarter. Wells Fargo & Company MN now owns 16,141 shares of the company's stock valued at $26,000 after acquiring an additional 14,131 shares in the last quarter.
SolarMax Technology Company Profile
(
Get Free Report)
SolarMax Technology, Inc, through its subsidiaries, operates as an integrated solar energy company in the United States and China. The company engages in the sale and installation of photovoltaic and battery backup systems; sale of LED systems; and identifying and procuring solar farm projects for resale to third parties, as well as provision of engineering, procuring, and construction services for solar farm projects.
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