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New Castle, Pennsylvania
[United States]
Posted on : Jun 01, 2015

Axion Power International, Inc. (NASDAQ:AXPW) has lost 0.96% during the past week and dropped 17.55% in the last 4 weeks. The shares are however, marginally negative as compared to the S&P 500 for the past week with a loss of 0.08%. Axion Power International, Inc. (NASDAQ:AXPW) has underperformed the index by 17.52% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

The company shares have dropped -99.65% from its 1 Year high price. On Jun 5, 2014, the shares registered one year high at $8.50 and the one year low was seen on May 29, 2015. The 50-Day Moving Average price is $0.04 and the 200 Day Moving Average price is recorded at $0.53.

Axion Power International, Inc. (NASDAQ:AXPW) witnessed a decline in the market cap on Friday as its shares dropped 1.27% or 0.0004 points. After the session commenced at $0.032, the stock reached the higher end at $0.032 while it hit a low of $0.028. With the volume soaring to 2,581,174 shares, the last trade was called at $0.031. The company has a 52-week high of $8.8. The company has a market cap of $2.9 million and there are 93,960,000 shares in outstanding. The 52-week low of the share price is $0.0263.

Axion Power International, Inc., focuses to develop, design, manufacture and sell advanced energy storage devices and components that are based on its PbC Technology. In addition, the Company manufactures lead-acid batteries. Its PbC has application to all energy system storage functions. The Company is focused on developing its intellectual property, characterizing baseline performance, developing treatment processes for the activated carbon, the Company uses in its electrodes, developing designs and manufacturing techniques for electrode assemblies and fabricating a series of material and design evaluation prototypes that range from single cell to multi-cell batteries. The Companys PbC energy storage device is a hybrid battery supercapacitor that combines the simplicity of lead-acid batteries with the faster recharge rate, longer cycle life and greater charge acceptance of supercapacitors.

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