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Retail Investors' Predictions: PowerX ranks 4th in rising sell outlook
According to the "Retail Investors' Predictions (Latest 48 Hours)" compiled by Minkabu as of 2:00 p.m. on April 13, PowerX, Inc. <485A> ranks fourth in rising sell predictions.
Since late March, PowerX has announced a series of positive developments. On March 26, it announced the start of deliveries of battery-based ultra-fast EV charging systems to authorized Porsche dealers. On the 31st, it announced the receipt of a major order worth approximately 5.3 billion yen. On April 2, it was revealed that Mori Trust (Minato-ku, Tokyo) had selected PowerX products for battery storage in its first grid-scale energy storage project, which will be developed and operated in Moriyama City, Shiga Prefecture. Furthermore, on the 9th, the company announced it had received an order from Kurihaarant (Kita-ku, Osaka) for a battery energy storage system for an extra-high voltage storage facility.
Following these announcements, the stock surged more than 90% from its closing price of 3,945 yen on March 26 to a high of 7,700 yen on April 10. On this day, the stock briefly touched 7,820 yen, reaching a new all-time high since listing. However, concerns over the rapid pace of the rally appear to be intensifying, which seems to be contributing to the rise in sell predictions.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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