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 closing price of Clean Energy Technologies Inc (NASDAQ: CETY) was $1.07 for the day, down -2.73% from the previous closing price of $1.1. In other words, the price has decreased by -$2.73 from its previous closing price. On the day, 0.63 million shares were traded. CETY stock price reached its highest trading level at $1.117 during the session, while it also had its lowest trading level at $1.03.
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 1.03 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.03.
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 7985627 and an Enterprise Value of 8343863. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.43 while its Price-to-Book (P/B) ratio in mrq is 0.70. Its current Enterprise Value per Revenue stands at 3.656 whereas that against EBITDA is -3.072.
Stock Price History:
The Beta on a monthly basis for CETY is -1.45, which has changed by -0.8888889 over the last 52 weeks, in comparison to a change of 0.13844287 over the same period for the S&P500. Over the past 52 weeks, CETY has reached a high of $11.20, while it has fallen to a 52-week low of $1.05. The 50-Day Moving Average of the stock is -47.02%, while the 200-Day Moving Average is calculated to be -75.46%.
Shares Statistics:
CETY traded an average of 5.87M shares per day over the past three months and 36765110 shares per day over the past ten days. A total of 4.66M shares are outstanding, with a floating share count of 3.24M. Insiders hold about 37.53% of the company’s shares, while institutions hold 2.99% stake in the company. Shares short for CETY as of 1763078400 were 31606 with a Short Ratio of 0.01, compared to 1760486400 on 58034. Therefore, it implies a Short% of Shares Outstanding of 31606 and a Short% of Float of 0.69999998.
