Zooz Power Ltd, formerly known as Chakratec Ltd, is an Israel-based company engaged primarily in the provision of flywheel energy storage technology dedicated to electric vehicle (EV) charging. The Company is focused on solutions to enable the mass adoption of electric vehicles by facilitating the deployment of fast and ultra-fast electric vehicle charging stations anywhere, including locations with a weak grid. The Company has developed a kinetic energy storage technology named Kinetic Power Booster, which enables unlimited high power charge and discharge cycles. The Company's EV charging solutions include battery-free power boosters as well as production materials that do not contain toxic chemicals or rare earth materials, with a minimal amount of carbon.
Growing
The company is in a growing phase, with the latest annual income totaling USD 2.81M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 55.23.
Undervalued
The company’s latest PE is -0.30, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 5.36M shares, decreasing 3.43% quarter-over-quarter.