UCAR Stock Summary and Trading Ideas (U Power Limited - Class A | NASDAQ:UCAR)

U Power Ltd is involved in the provision of vehicle sourcing services. It is principally engaged in the provision of new energy vehicles development and sales; battery swapping stations manufactory and sales; battery swapping services and sourcing services. The company as a broker engaged in sales of vehicles between automobile wholesalers and buyers, including small and medium-sized vehicle dealers and individual customers located in lower-tier cities in China.

U Power Limited - Class A trades on the NASDAQ stock market under the symbol UCAR.

As of March 5, 2025, UCAR stock price climbed to $2.63 with 5,414 million shares trading.

UCAR has a beta of 2.38, meaning it tends to be more sensitive to market movements. UCAR has a correlation of 0.07 to the broad based SPY ETF.

UCAR has a market cap of $11.11 million. This is considered a Sub-Micro Cap stock.

UCAR has underperformed the market in the last year with a price return of -62.7% while the SPY ETF gained +14.5%. UCAR has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -60.0% and -9.9%, respectively, while the SPY returned -4.3% and -5.2%, respectively.

UCAR support price is $2.28 and resistance is $2.74 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that UCAR shares will trade within this expected range on the day.