Shares of ECOtality Trading Up 70%+

Currently, shares of ECOtality

are trading up over 70%. Yesterday, the company reported earnings that beat expectations. Although the company only has two analysts, the consensus estimates was for a quarter loss of $0.17. However, the company posted a profit of $0.04. ECOtality also beat on revenue, reporting $13.7M versus an estimated $9.45M. ECOtality is located in San Francisco and is involved with renewable energy and electric cars. Tesla Motors

is also trading higher on the session, although not nearly as much. Shares are currently up about 7.5%.