CBAK Energy Technology Inc
NASDAQ:CBAT
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During the last 3 months CBAK Energy Technology Inc insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 6% over this period (open performance analysis).
The last transaction was made on
Jun 3, 2020
by
Asia Evk New Energy Auto Ltd
, who
bought
1m USD
worth of 
CBAT shares.
During the last 3 months CBAK Energy Technology Inc insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 6% over this period (open performance analysis).
The last transaction was made on
Jun 3, 2020
by
Asia Evk New Energy Auto Ltd
, who
bought
1m USD
worth of CBAT shares.
CBAK Energy Technology Inc
Glance View
CBAK Energy Technology, Inc. engages in the manufacture, commercialization, and distribution of lithium ion rechargeable batteries. The company is headquartered in Dalian, Liaoning and currently employs 1,054 full-time employees. The company went IPO on 2006-05-31. The firm and its subsidiaries are engaged in the manufacture, commercialization and distribution of a range of standard and customized lithium ion (Li-ion) rechargeable batteries for use in an array of applications. The firm manufactures five types of Li-ion rechargeable batteries: aluminum-case cell, battery pack, cylindrical cell, lithium polymer cell and high-power lithium battery cell. The firm's products are sold to packing plants operated by third parties primarily for use in mobile phones and other electronic devices. Its products are used in various applications, including electric vehicles (EV), such as electric cars, electric buses, hybrid electric cars and buses; light electric vehicles (LEV), such as electric bicycles, electric motors and sight-seeing cars, and electric tools, energy storage, uninterruptible power supply (UPS), and other high power applications.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
