Extreme Vehicle Battery (CSE:ACDC) Stocks Soar On Market’s Green Energy & Crypto Rush

2 min read | January 08, 2021 11:20 AM EST | By Hina Chowdhary

Extreme Vehicle Battery (CSE:ACDC) Stocks Soar On Market’s Green Energy & Crypto Rush

Extreme Vehicle Battery Technologies Corp (CSE: ACDC)

Vancouver-based Extreme Vehicle Battery Technologies Corp is a blockchain and electric vehicle (EV) battery technology company. The software firm also provides recycling solutions to refurbish used batteries and offers cryptocurrency services for government and corporate clients.

Its stocks were trading at C$ 0.165 apiece at the time of filing this.

The company has over 313 million listed outstanding shares. Its 10-day average stock trading volume has rushed to nearly 11 million units.

The stock has rocketed as much as 3200 per cent since its listing in early February of 2020. The EV company has a present market cap of C$ 51.75 million.

Stocks hold a price-to-cashflow (P/CF) ratio of 5.30. Its unit offers a three-digit return on equity (ROE) of 117.02 per cent. The

The company launched its Battery Revival Program in November last year to tackle the rising electronic waste problem. The company says e-waste reached a record 53.6 million tonnes in 2020, and it could double by 2050.

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