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After finishing at $1.01 in the prior trading day, CBAK Energy Technology Inc (NASDAQ: CBAT) closed at $0.98, down -3.94%. In other words, the price has decreased by -$3.94 from its previous closing price. On the day, 0.61 million shares were traded. CBAT stock price reached its highest trading level at $1.0558 during the session, while it also had its lowest trading level at $0.9601.
Ratios:
Our goal is to gain a better understanding of CBAT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.14. For the most recent quarter (mrq), Quick Ratio is recorded 0.69 and its Current Ratio is at 0.84. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.02.
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 87690720 and an Enterprise Value of 83613616. As of this moment, CBAK’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.65, and their Forward P/E ratio for the next fiscal year is 2.95. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.42 while its Price-to-Book (P/B) ratio in mrq is 0.67. Its current Enterprise Value per Revenue stands at 0.37 whereas that against EBITDA is 2.639.
Stock Price History:
Over the past 52 weeks, CBAT has reached a high of $2.08, while it has fallen to a 52-week low of $0.79. The 50-Day Moving Average of the stock is -8.17%, while the 200-Day Moving Average is calculated to be -14.57%.
Shares Statistics:
The stock has traded on average 232.22K shares per day over the past 3-months and 298680 shares per day over the last 10 days, according to various share statistics. A total of 89.92M shares are outstanding, with a floating share count of 71.63M. Insiders hold about 20.36% of the company’s shares, while institutions hold 2.24% stake in the company. Shares short for CBAT as of 1728950400 were 1077097 with a Short Ratio of 4.81, compared to 1726185600 on 999514. Therefore, it implies a Short% of Shares Outstanding of 1077097 and a Short% of Float of 1.3599999999999999.
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 $0.31 and $0.31 for the fiscal current year, implying an average EPS of $0.31. EPS for the following year is $0.33, with 1.0 analysts recommending between $0.33 and $0.33.
Revenue Estimates
1 analysts predict $58M in revenue for the current quarter. It ranges from a high estimate of $58M to a low estimate of $58M. As of the current estimate, CBAK Energy Technology Inc’s year-ago sales were $57.72MFor the next quarter, 1 analysts are estimating revenue of $57M. There is a high estimate of $57M for the next quarter, whereas the lowest estimate is $57M.
A total of 1 analysts have provided revenue estimates for CBAT’s current fiscal year. The highest revenue estimate was $222M, while the lowest revenue estimate was $222M, resulting in an average revenue estimate of $222M. In the same quarter a year ago, actual revenue was $204.44MBased on 1 analysts’ estimates, the company’s revenue will be $256M in the next fiscal year. The high estimate is $256M and the low estimate is $256M.
