Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of Cenntro Inc (NASDAQ: CENN) closed at $0.22 in the last session, up 1.10% from day before closing price of $0.22. In other words, the price has increased by $1.10 from its previous closing price. On the day, 4.03 million shares were traded. CENN stock price reached its highest trading level at $0.2331 during the session, while it also had its lowest trading level at $0.215.
Ratios:
We take a closer look at CENN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 1.80. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.08.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CENN now has a Market Capitalization of 11441588 and an Enterprise Value of 29573560. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.41 while its Price-to-Book (P/B) ratio in mrq is 0.13. Its current Enterprise Value per Revenue stands at 0.98 whereas that against EBITDA is -1.028.
Stock Price History:
The Beta on a monthly basis for CENN is 1.39, which has changed by -0.82645667 over the last 52 weeks, in comparison to a change of 0.19088471 over the same period for the S&P500. Over the past 52 weeks, CENN has reached a high of $1.47, while it has fallen to a 52-week low of $0.19. The 50-Day Moving Average of the stock is -50.44%, while the 200-Day Moving Average is calculated to be -70.12%.
Shares Statistics:
According to the various share statistics, CENN traded on average about 6.70M shares per day over the past 3-months and 27993300 shares per day over the past 10 days. A total of 47.91M shares are outstanding, with a floating share count of 32.28M. Insiders hold about 37.82% of the company’s shares, while institutions hold 1.99% stake in the company. Shares short for CENN as of 1760486400 were 664343 with a Short Ratio of 0.10, compared to 1757894400 on 253126. Therefore, it implies a Short% of Shares Outstanding of 664343 and a Short% of Float of 2.22.
