Streetbeat News

UCAR

U Power Limited

https://www.upincar.com

Industry

Auto - Dealerships

U Power Limited develops, manufactures, and sells new energy vehicles and battery swapping stations in the People's Republic of China. It also offers battery swapping and sourcing services. The company was founded in 2013 and is based in Shanghai, the People's Republic of China.

Open

2.56

Mkt cap

11M

Volume

5.4K

High

2.79

P/E Ratio

-1.19

52-wk high

9.43

Low

2.55

Div yield

N/A

52-wk low

2.31

U Power Limited (NASDAQ:UCAR), a vehicle sourcing services provider, has entered into a strategic cooperation agreement with Magnify Capital Partners to establish an investment fund. The fund will provide financial support and industry guidance for U Power's future projects, including infrastructure construction for battery charging and battery swapping stations in Portugal. The agreement is for one year, and the cooperation is expected to improve U Power's industrial competitiveness and market influence.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 12:14 pm

U Power Limited plans to deliver its second UOTTA battery-swapping station for electric taxis in Anji County, Zhejiang Province, China by October 2023.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 12:12 pm

In Wednesday's after-market session, several consumer discretionary stocks saw significant movement. Gainers included Connexa Sports Techs (CNXA), Ambow Education Holding (AMBO), Mondee Hldgs (MOND), U Power (UCAR), Kaixin Auto Hldgs (KXIN), and Visionary Education Tech (VEDU). Losers included Digital Brands Group (DBGI), Mullen Automotive (MULN), Polished.com (POL), Lovesac (LOVE), Genius Gr (GNS), and Barnes & Noble Education (BNED).

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 9:32 pm

During Monday's intraday session, several consumer discretionary stocks experienced significant movement. Gainers included Genius Gr (GNS), U Power (UCAR), Bright Scholar Education (BEDU), Visionary Education Tech (VEDU), Yunhong CTI (CTIB), and Digital Brands Group (DBGI). Losers included SunCar Tech Gr (SDA), REE Automotive (REE), GAN (GAN), China Liberal Education (CLEU), Kaival Brands Innovations (KAVL), and Envirotech Vehicles (EVTV).

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 5:31 pm

Benzinga Pro has released its list of the most-searched stocks for July 2023. The top ten includes Tesla, SPDR S&P 500 ETF Trust, Carvana, Rivian Automotive, Advanced Micro Devices, NVIDIA, Prestige Wealth, Apple, Gorilla Technology Group, and Coinbase Global. Notable changes include Rivian Automotive's jump from outside the top 20 to fifth place, and new IPO Prestige Wealth and Gorilla Technology Group joining the top ten. Coinbase also moved up from 18th to 10th place.

Portfolio Pulse from Chris Katje

August 04, 2023 | 6:52 pm

Several US stocks recorded losses on Monday, despite the Dow Jones gaining around 100 points. The Aaron's Company, Inc. (AAN) shares dropped 12.2% after Loop Capital downgraded the stock from Buy to Hold. FMC Corporation (FMC) declined 11.3% after issuing weak revenue guidance. MercadoLibre, Inc. (MELI) dropped 6.7% after B of A Securities downgraded the stock from Buy to Neutral and lowered its price target.

Portfolio Pulse from Lisa Levin

July 10, 2023 | 5:35 pm

Benzinga Pro has released its list of the most-searched stocks for Q2 2023. The top 10 includes SPDR S&P 500 ETF, Tesla, Nvidia, Advanced Micro Devices, C3.ai, Amazon, Apple, Invesco QQQ Trust, Meta Platforms, and Microsoft. The newcomers in the second quarter were C3.ai and Microsoft. AMC Entertainment Holdings and Moderna dropped from the top 10.

Portfolio Pulse from Chris Katje

July 05, 2023 | 3:25 pm

Benzinga Pro has released its list of the most-searched tickers for June 2023. The top 10 includes Tesla, SPDR S&P 500 ETF Trust, Nvidia, Advanced Micro Devices, Carvana, C3.ai, Apple, U Power, Amazon.com, and Advanced Health Intelligence. All 10 have seen positive returns in 2023, with five up by triple-digit percentages. Tesla topped the list for the first time in months, indicating increased attention from retail investors.

Portfolio Pulse from Chris Katje

July 03, 2023 | 3:28 pm

Benzinga's Stock Whisper Index highlights five stocks that warrant attention: U Power Ltd (UCAR), Trxade Health (MEDS), VIC Global Ltd (VCIG), Root Inc (ROOT), and Marathon Digital Holdings Inc (MARA). These stocks have seen significant price movements due to various factors such as tax breaks, reverse stock splits, AI-related news, takeover bids, and cryptocurrency price surges.

Portfolio Pulse from Chris Katje

June 23, 2023 | 2:28 pm

U Power shares are trading lower following Wednesday's strength, indicating a pullback in the stock.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 6:02 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.