Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
As of close of business last night, Cenntro Inc’s stock clocked out at $0.54, down -3.34% from its previous closing price of $0.56. In other words, the price has decreased by -$3.34 from its previous closing price. On the day, 0.16 million shares were traded. CENN stock price reached its highest trading level at $0.56 during the session, while it also had its lowest trading level at $0.5306.
Ratios:
To gain a deeper understanding of CENN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 1.80. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.08.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CENN now has a Market Capitalization of 28100398 and an Enterprise Value of 45216348. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.00 while its Price-to-Book (P/B) ratio in mrq is 0.33. Its current Enterprise Value per Revenue stands at 1.498 whereas that against EBITDA is -1.572.
Stock Price History:
The Beta on a monthly basis for CENN is 1.85, which has changed by -0.5599187 over the last 52 weeks, in comparison to a change of 0.16844666 over the same period for the S&P500. Over the past 52 weeks, CENN has reached a high of $1.47, while it has fallen to a 52-week low of $0.47. The 50-Day Moving Average of the stock is -11.90%, while the 200-Day Moving Average is calculated to be -40.00%.
Shares Statistics:
It appears that CENN traded 414.19K shares on average per day over the past three months and 236450 shares per day over the past ten days. A total of 47.91M shares are outstanding, with a floating share count of 30.64M. Insiders hold about 40.98% of the company’s shares, while institutions hold 1.99% stake in the company. Shares short for CENN as of 1755216000 were 291295 with a Short Ratio of 0.70, compared to 1752537600 on 366361. Therefore, it implies a Short% of Shares Outstanding of 291295 and a Short% of Float of 0.97.
