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The price of CBAK Energy Technology Inc (NASDAQ: CBAT) closed at $1.18 in the last session, down -0.84% from day before closing price of $1.19. In other words, the price has decreased by -$0.84 from its previous closing price. On the day, 0.61 million shares were traded. CBAT stock price reached its highest trading level at $1.24 during the session, while it also had its lowest trading level at $1.15.
Ratios:
We take a closer look at CBAT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 160.80. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 0.82. In the meantime, Its Debt-to-Equity ratio is 0.31 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, CBAT now has a Market Capitalization of 106128840 and an Enterprise Value of 131741224. As of this moment, CBAK’s Price-to-Earnings (P/E) ratio for their current fiscal year is 295.00, and their Forward P/E ratio for the next fiscal year is 14.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 0.88. Its current Enterprise Value per Revenue stands at 0.863 whereas that against EBITDA is 36.699.
Stock Price History:
The Beta on a monthly basis for CBAT is 1.73, which has changed by -0.04838711 over the last 52 weeks, in comparison to a change of 0.12632763 over the same period for the S&P500. Over the past 52 weeks, CBAT has reached a high of $1.45, while it has fallen to a 52-week low of $0.57. The 50-Day Moving Average of the stock is 24.27%, while the 200-Day Moving Average is calculated to be 26.28%.
Shares Statistics:
According to the various share statistics, CBAT traded on average about 220.46K shares per day over the past 3-months and 289940 shares per day over the past 10 days. A total of 89.94M shares are outstanding, with a floating share count of 71.56M. Insiders hold about 20.43% of the company’s shares, while institutions hold 2.08% stake in the company. Shares short for CBAT as of 1749772800 were 984038 with a Short Ratio of 4.46, compared to 1747267200 on 1015869. Therefore, it implies a Short% of Shares Outstanding of 984038 and a Short% of Float of 1.26.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
