Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Cenntro Inc (NASDAQ: CENN) closed at $0.15 down -2.23% from its previous closing price of $0.16. In other words, the price has decreased by -$2.23 from its previous closing price. On the day, 0.72 million shares were traded. CENN stock price reached its highest trading level at $0.1628 during the session, while it also had its lowest trading level at $0.1516.
Ratios:
For a deeper understanding of Cenntro Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 1.91. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.05.
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 13477037 and an Enterprise Value of 25499768. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84 while its Price-to-Book (P/B) ratio in mrq is 0.10. Its current Enterprise Value per Revenue stands at 1.376 whereas that against EBITDA is -0.875.
Stock Price History:
The Beta on a monthly basis for CENN is 0.18, which has changed by -0.85207546 over the last 52 weeks, in comparison to a change of 0.12838376 over the same period for the S&P500. Over the past 52 weeks, CENN has reached a high of $1.33, while it has fallen to a 52-week low of $0.13. The 50-Day Moving Average of the stock is -24.81%, while the 200-Day Moving Average is calculated to be -74.74%.
Shares Statistics:
For the past three months, CENN has traded an average of 8.33M shares per day and 2982600 over the past ten days. A total of 87.91M shares are outstanding, with a floating share count of 54.67M. Insiders hold about 37.82% of the company’s shares, while institutions hold 1.64% stake in the company. Shares short for CENN as of 1764288000 were 3106538 with a Short Ratio of 0.37, compared to 1761868800 on 3387687. Therefore, it implies a Short% of Shares Outstanding of 3106538 and a Short% of Float of 4.71.
