Altech Chemicals Limited ( (AU:ATC) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Altech Batteries Limited’s stock is on the rise due to a significant breakthrough in their Silumina Anodes™ Project, achieving an impressive 88.5% capacity retention after 500 cycles. This advancement effectively addresses silicon’s volumetric expansion issues, positioning Altech as a formidable player in the lithium-ion anode market, particularly for electric vehicles. The technical sentiment signal also indicates a positive outlook for the stock.
More about Altech Chemicals Limited
YTD Price Performance: 2.00%
Average Trading Volume: 2,678,077
Technical Sentiment Signal: Buy
Current Market Cap: A$131.8M
For further insights into ATC stock on TipRanks’ Stock Analysis page.
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