Chijet Motor (NASDAQ:CJET) Trading 0.5% Higher – Here’s Why

Chijet Motor Company, Inc. (NASDAQ:CJETGet Free Report) shares rose 0.5% during trading on Thursday . The stock traded as high as $2.15 and last traded at $2.07. Approximately 4,990 shares changed hands during trading, a decline of 79% from the average daily volume of 23,663 shares. The stock had previously closed at $2.06.

Chijet Motor Price Performance

The stock’s 50-day simple moving average is $2.39.

Chijet Motor Company Profile

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Chijet Motor Company, Inc engages in the research and development, production, and sale of new energy vehicles. It offers battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell electric vehicles. The company was founded in 2021 and is based in Grand Cayman, the Cayman Islands.

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