DENVER, Colo., Feb. 9, 2024 (www.247marketnews.com)- Sunworks Inc (NASDAQ:SUNW) gapped lower on February 6, after announcing that filed voluntary petitions for relief and to cease operations under the provisions of Chapter 7 Bankruptcy Code.
SUNW is trading at $0.1373, up $0.0829 (+152.39%), on 64.2M shares traded.
Its 52-week range is $0.0364 to $2.135. SUNW hit a new 52-week low yesterday, so this should only be traded by skilled volitivity traders.
“Sunworks has been providing high-performance solar and battery storage solutions for over a decade. The Company acquired Solcius in 2021 to extend its national presence and provide high-quality, performance-oriented solutions to sectors ranging from residential to agricultural, commercial, industrial, federal, and public works. Today, Sunworks is proudly paving the way toward the democratization of renewable energy for all with their agile, partner-centric, and technology-agnostic network that has installed over 200 MW of solar and battery storage systems. Their dependable, solutions-oriented teams are recognized in the industry for their commitment to customer service and renewable energy advancement. Sunworks was recently recognized by Solar Power World as a leading solar supplier and is a member of the Solar Energy Industries Association (SEIA). For more information, visit www.sunworksusa.com and www.solcius.com.”
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