PRF Technologies Ltd. (NASDAQ:PRFX) shares surged 186.22% to $3.92 after the bell on Thursday after the company issued an update on the advancement of its AI-driven renewable energy revenue optimization platform, DeepSolar Predict.
AI-Driven Revenue Optimization
DeepSolar Predict combines weather intelligence, storage orchestration and real-time market decision support to help renewable operators manage solar, wind and battery storage assets. PRF noted DeepSolar participates in the NVIDIA Connect Program and has filed a patent covering proprietary plant-level micro-climate modeling methods.
Dr. Ehud Geller, Chairman of PRF Technologies, said, “Renewable energy operators are no longer managing only production — they are managing financial exposure in increasingly dynamic power markets.”
PRFX is a dual-mandate company focused on pharmaceutical reformulation and AI-driven energy optimization through its DeepSolar platform. In April, PRF’s pharmaceutical arm also recently received Food and Drug Administration clearance for an Investigational New Drug application for OcuRing-K, advancing into a Phase 2 trial targeting pain and inflammation following cataract surgery.
Trading Metrics, Technical Analysis
The Israel-based diversified innovation company has a market capitalization of $1.19 million, a 52-week high of $17.95 and a 52-week low of $1.28.
The stock has a Relative Strength Index (RSI) of 28.65.
Over the past 12 months, PRFX has dropped 85.43%.
The small-cap stock is currently trading very close to its annual low.
Price Action: According to Benzinga Pro data, PRFX closed the regular session at $1.37, up 1.48%.
Benzinga’s Edge Stock Rankings indicate that PRFX has a negative price trend across all time frames.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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