Posted October 10, 2019 08:24:15After a stellar performance, the energy-storage company Dominion Technologies has returned to the top of the cryptocurrency markets by trading at a new price of $19.21 per coin.
Dominion Technologies is a Chinese-owned energy storage company that is widely used in China, Hong Kong and other Chinese regions.
Its stock is up over $1,000 per coin this week after a stellar run.
The company has seen record growth over the past several months, according to a report from CoinMarketCap.
Dominion has been trading at $19 per coin for the past six months.
The energy storage stocks are among the most popular in the crypto markets and have been on the rise since Dominion became the first energy storage firm to make a profit.
Domion shares rose over $30,000 over the week after rising as high as $33,700 earlier this month.
The stock is currently trading at over $28,700, according the report.
Domiton Technologies said that its shares have been trading above $30 per coin in the past few weeks.
Its price jumped more than 5,500% during that time.
The stock also saw record gains over the weekend as it recorded record profit for the quarter ending on October 31, 2018.
Domentons earnings beat Wall Street expectations for the full year.
Domentons profit margin is the lowest of any energy storage provider in the industry, according CoinMarketcap.
The financial markets have been impressed by Dominion’s performance in 2018.
Investors are looking for the company to capitalize on record growth and boost its profit margin.