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The closing price of CBAK Energy Technology Inc (NASDAQ: CBAT) was $1.06 for the day, down -7.02% from the previous closing price of $1.14. In other words, the price has decreased by -$7.02 from its previous closing price. On the day, 1.01 million shares were traded. CBAT stock price reached its highest trading level at $1.2 during the session, while it also had its lowest trading level at $1.05.
Ratios:
Our analysis of CBAT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.86. For the most recent quarter (mrq), Quick Ratio is recorded 0.52 and its Current Ratio is at 0.72. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.06.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CBAT now has a Market Capitalization of 93964584 and an Enterprise Value of 88343736. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 0.607 whereas that against EBITDA is -15.39.
Stock Price History:
The Beta on a monthly basis for CBAT is 2.79, which has changed by -0.00934577 over the last 52 weeks, in comparison to a change of 0.13033986 over the same period for the S&P500. Over the past 52 weeks, CBAT has reached a high of $1.28, while it has fallen to a 52-week low of $0.57. The 50-Day Moving Average of the stock is 12.43%, while the 200-Day Moving Average is calculated to be 14.42%.
Shares Statistics:
CBAT traded an average of 298.12K shares per day over the past three months and 1040790 shares per day over the past ten days. A total of 88.87M shares are outstanding, with a floating share count of 69.07M. Insiders hold about 22.09% of the company’s shares, while institutions hold 2.19% stake in the company. Shares short for CBAT as of 1759190400 were 549893 with a Short Ratio of 1.84, compared to 1756425600 on 980849. Therefore, it implies a Short% of Shares Outstanding of 549893 and a Short% of Float of 0.72000003.
Earnings Estimates
The stock of CBAK Energy Technology Inc (CBAT) is currently being evaluated by 1.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.03 and low estimates of -$0.03.
Analysts are recommending an EPS of between -$0.12 and -$0.12 for the fiscal current year, implying an average EPS of -$0.12. EPS for the following year is $0.08, with 1.0 analysts recommending between $0.08 and $0.08.
Revenue Estimates
It is expected that $90B in revenue will be generated in. The current quarter, according to 1 analysts. It ranges from a high estimate of $39.27M to a low estimate of $39.27M. As of. The current estimate, CBAK Energy Technology Inc’s year-ago sales were $44.63MFor the next quarter, 1 analysts are estimating revenue of $42.12M. There is a high estimate of $42.12M for the next quarter, whereas the lowest estimate is $42.12M.
A total of 1 analysts have provided revenue estimates for CBAT’s current fiscal year. The highest revenue estimate was $156.86M, while the lowest revenue estimate was $156.86M, resulting in an average revenue estimate of $156.86M. In the same quarter a year ago, actual revenue was $176.61MBased on 1 analysts’ estimates, the company’s revenue will be $250.99M in the next fiscal year. The high estimate is $250.99M and the low estimate is $250.99M.
