Chijet Motor (NASDAQ:CJET) Trading Up 0.5% – Still a Buy?

by · The Cerbat Gem

Shares of Chijet Motor Company, Inc. (NASDAQ:CJET – Get Free Report) were up 0.5% on Thursday . The stock traded as high as $2.15 and last traded at $2.07. Approximately 4,990 shares changed hands during mid-day 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 $2.36.

About Chijet Motor

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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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