Analytical Lens: Exploring Clean Energy Technologies Inc (CETY)’s Financial Story Through Ratios

Ulysses Smith

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The closing price of Clean Energy Technologies Inc (NASDAQ: CETY) was $2.12 for the day, down -6.19% from the previous closing price of $2.26. In other words, the price has decreased by -$6.19 from its previous closing price. On the day, 1.07 million shares were traded. CETY stock price reached its highest trading level at $2.3 during the session, while it also had its lowest trading level at $1.97.

Ratios:

Our analysis of CETY’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.16 and its Current Ratio is at 1.32. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CETY now has a Market Capitalization of 9927512 and an Enterprise Value of 9297319. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.70 while its Price-to-Book (P/B) ratio in mrq is 1.15. Its current Enterprise Value per Revenue stands at 5.332 whereas that against EBITDA is -4.344.

Stock Price History:

The Beta on a monthly basis for CETY is -0.85, which has changed by -0.8128364 over the last 52 weeks, in comparison to a change of 0.18286073 over the same period for the S&P500. Over the past 52 weeks, CETY has reached a high of $19.05, while it has fallen to a 52-week low of $2.25. The 50-Day Moving Average of the stock is -35.08%, while the 200-Day Moving Average is calculated to be -58.32%.

Shares Statistics:

CETY traded an average of 102.67K shares per day over the past three months and 52470 shares per day over the past ten days. A total of 4.21M shares are outstanding, with a floating share count of 1.99M. Insiders hold about 57.55% of the company’s shares, while institutions hold 0.63% stake in the company. Shares short for CETY as of 1760486400 were 58034 with a Short Ratio of 0.57, compared to 1757894400 on 40142. Therefore, it implies a Short% of Shares Outstanding of 58034 and a Short% of Float of 0.08.

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