For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $0.17 in the prior trading day, CN Energy Group Inc (NASDAQ: CNEY) closed at $0.17, down -2.24%. In other words, the price has decreased by -$2.24 from its previous closing price. On the day, 0.68 million shares were traded. CNEY stock price reached its highest trading level at $0.1775 during the session, while it also had its lowest trading level at $0.16.
Ratios:
Our goal is to gain a better understanding of CNEY by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 21.85 and its Current Ratio is at 42.41. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CNEY now has a Market Capitalization of 6223188 and an Enterprise Value of 1757733. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.02 while its Price-to-Book (P/B) ratio in mrq is 0.01. Its current Enterprise Value per Revenue stands at 0.034 whereas that against EBITDA is -0.216.
Stock Price History:
The Beta on a monthly basis for CNEY is 0.62, which has changed by -0.8411215 over the last 52 weeks, in comparison to a change of 0.07465422 over the same period for the S&P500. Over the past 52 weeks, CNEY has reached a high of $1.60, while it has fallen to a 52-week low of $0.16. The 50-Day Moving Average of the stock is -30.81%, while the 200-Day Moving Average is calculated to be -56.83%.
Shares Statistics:
The stock has traded on average 3.48M shares per day over the past 3-months and 475280 shares per day over the last 10 days, according to various share statistics. A total of 6.81M shares are outstanding, with a floating share count of 6.58M. Insiders hold about 4.77% of the company’s shares, while institutions hold 3.21% stake in the company. Shares short for CNEY as of 1740700800 were 479759 with a Short Ratio of 0.14, compared to 1738281600 on 91505. Therefore, it implies a Short% of Shares Outstanding of 479759 and a Short% of Float of 3.9699999999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
