Summer Energy (OTCMKTS:SUME) Shares Up 10.5% – Here’s Why

Summer Energy Holdings, Inc. (OTCMKTS:SUMEGet Free Report)’s stock price shot up 10.5% on Tuesday . The company traded as high as $0.93 and last traded at $0.93. 500 shares were traded during mid-day trading, a decline of 39% from the average session volume of 825 shares. The stock had previously closed at $0.84.

Summer Energy Stock Performance

The company’s 50 day simple moving average is $0.86 and its 200-day simple moving average is $0.62.

Summer Energy Company Profile

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Summer Energy Holdings, Inc, through its subsidiaries, operates as a retail electric provider in Texas, Massachusetts, New Hampshire, Ohio, and Illinois. It procures wholesale energy and resells to commercial and residential customers. The company was founded in 2011 and is headquartered in Houston, Texas.

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