Daily Progress: Clean Energy Technologies Inc (CETY) Drop -5.63, Closing at 0.21

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

In the latest session, Clean Energy Technologies Inc (NASDAQ: CETY) closed at $0.21 down -5.63% from its previous closing price of $0.23. In other words, the price has decreased by -$5.63 from its previous closing price. On the day, 0.55 million shares were traded. CETY stock price reached its highest trading level at $0.2264 during the session, while it also had its lowest trading level at $0.21.

Ratios:

For a deeper understanding of Clean Energy Technologies Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.42 and its Current Ratio is at 0.53. In the meantime, Its Debt-to-Equity ratio is 1.49 whereas as Long-Term Debt/Eq ratio is at 0.01.

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 13664206 and an Enterprise Value of 17347762. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.06 while its Price-to-Book (P/B) ratio in mrq is 3.43. Its current Enterprise Value per Revenue stands at 10.183 whereas that against EBITDA is -7.297.

Stock Price History:

The Beta on a monthly basis for CETY is -0.30, which has changed by -0.8098214 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, CETY has reached a high of $1.27, while it has fallen to a 52-week low of $0.20. The 50-Day Moving Average of the stock is -18.55%, while the 200-Day Moving Average is calculated to be -56.55%.

Shares Statistics:

For the past three months, CETY has traded an average of 793.31K shares per day and 539210 over the past ten days. A total of 47.48M shares are outstanding, with a floating share count of 27.29M. Insiders hold about 57.55% of the company’s shares, while institutions hold 0.63% stake in the company. Shares short for CETY as of 1752537600 were 716832 with a Short Ratio of 0.90, compared to 1749772800 on 345055. Therefore, it implies a Short% of Shares Outstanding of 716832 and a Short% of Float of 1.96.

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.

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