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CBAK Energy Technology Inc (NASDAQ: CBAT) closed the day trading at $0.9 down -6.80% from the previous closing price of $0.97. In other words, the price has decreased by -$6.80 from its previous closing price. On the day, 0.64 million shares were traded. CBAT stock price reached its highest trading level at $0.97 during the session, while it also had its lowest trading level at $0.8238.
Ratios:
For a better understanding of CBAT, let’s look at its different ratios. 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 123.32. 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 81395424 and an Enterprise Value of 107007824. As of this moment, CBAK’s Price-to-Earnings (P/E) ratio for their current fiscal year is 226.25, and their Forward P/E ratio for the next fiscal year is 11.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 0.67. Its current Enterprise Value per Revenue stands at 0.701 whereas that against EBITDA is 29.809.
Stock Price History:
The Beta on a monthly basis for CBAT is 1.69, which has changed by -0.22881359 over the last 52 weeks, in comparison to a change of 0.18569505 over the same period for the S&P500. Over the past 52 weeks, CBAT has reached a high of $1.31, while it has fallen to a 52-week low of $0.57. The 50-Day Moving Average of the stock is -15.10%, while the 200-Day Moving Average is calculated to be -3.26%.
Shares Statistics:
Over the past 3-months, CBAT traded about 224.55K shares per day on average, while over the past 10 days, CBAT traded about 168110 shares per day. 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 1752537600 were 1240943 with a Short Ratio of 5.53, compared to 1749772800 on 984038. Therefore, it implies a Short% of Shares Outstanding of 1240943 and a Short% of Float of 1.59.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
1 analysts predict $33.56M in revenue for the current quarter. It ranges from a high estimate of $33.56M to a low estimate of $33.56M. As of the current estimate, CBAK Energy Technology Inc’s year-ago sales were $47.79MFor the next quarter, 1 analysts are estimating revenue of $34.66M. There is a high estimate of $34.66M for the next quarter, whereas the lowest estimate is $34.66M.
A total of 1 analysts have provided revenue estimates for CBAT’s current fiscal year. The highest revenue estimate was $140.87M, while the lowest revenue estimate was $140.87M, resulting in an average revenue estimate of $140.87M. In the same quarter a year ago, actual revenue was $176.61MBased on 1 analysts’ estimates, the company’s revenue will be $251.63M in the next fiscal year. The high estimate is $251.63M and the low estimate is $251.63M.
