Solarwindow Technologies (OTCMKTS:WNDW) Shares Up 9.1% – Here’s Why

Solarwindow Technologies, Inc. (OTCMKTS:WNDW) rose 9.1% on Tuesday. The company traded as high as $1.82 and last traded at $1.56. Approximately 27,861 shares traded hands during mid-day trading, a decline of 24% from the average session volume of 36,593 shares. The stock had previously closed at $1.43.

Solarwindow Technologies Stock Performance

The company has a market cap of $82.99 million, a price-to-earnings ratio of -52.00 and a beta of -7.64. The company’s 50 day moving average price is $1.23 and its 200 day moving average price is $0.64.

Solarwindow Technologies (OTCMKTS:WNDW) last released its quarterly earnings results on Monday, July 13th. The company reported ($0.01) EPS for the quarter.

Solarwindow Technologies Company Profile

SolarWindow Technologies, Inc is a development-stage clean-technology company focused on generating electricity from glass windows and other transparent surfaces. The company is developing transparent photovoltaic coatings designed to be applied to glass used in commercial buildings and other architectural structures.

Its SolarWindow technology is intended for applications including windows, curtain walls, skylights and similar glass surfaces. By converting available light into electricity while maintaining transparency, the technology is designed to help buildings generate power on-site and potentially reduce reliance on conventional electricity sources.

SolarWindow Technologies, formerly known as New Energy Technologies, has focused primarily on research, development and commercialization activities rather than operating as a conventional window manufacturer.