Turbo Energy (NASDAQ:TURB) Trading Down 3.4%

Turbo Energy, S.A. (NASDAQ:TURBGet Free Report) dropped 3.4% on Wednesday . The company traded as low as $1.36 and last traded at $1.42. Approximately 16,821 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 165,056 shares. The stock had previously closed at $1.47.

Turbo Energy Stock Performance

Hedge Funds Weigh In On Turbo Energy

An institutional investor recently bought a new position in Turbo Energy stock. MMCAP International Inc. SPC bought a new stake in shares of Turbo Energy, S.A. (NASDAQ:TURBFree Report) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 20,000 shares of the company’s stock, valued at approximately $48,000.

Turbo Energy Company Profile

(Get Free Report)

Turbo Energy, SA designs, develops, and distributes equipment for the generation, management, and storage of photovoltaic energy in Spain, Europe, and internationally. Its products include lithium-ion batteries; inverters; and Sunbox, an AI based software system that monitors the generation, use, and management of photovoltaic energy.

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