Closing Strong: Cenntro Inc (CENN) Ends at 0.49, Down -7.34 from Last Close

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After finishing at $0.53 in the prior trading day, Cenntro Inc (NASDAQ: CENN) closed at $0.49, down -7.34%. In other words, the price has decreased by -$7.34 from its previous closing price. On the day, 0.51 million shares were traded. CENN stock price reached its highest trading level at $0.5299 during the session, while it also had its lowest trading level at $0.48.

Ratios:

Our goal is to gain a better understanding of CENN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 2.03. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.10.

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 23525184 and an Enterprise Value of 27876292. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 0.21. Its current Enterprise Value per Revenue stands at 0.896 whereas that against EBITDA is -1.001.

Stock Price History:

The Beta on a monthly basis for CENN is 1.58, which has changed by -0.65422535 over the last 52 weeks, in comparison to a change of 0.20277917 over the same period for the S&P500. Over the past 52 weeks, CENN has reached a high of $1.58, while it has fallen to a 52-week low of $0.51. The 50-Day Moving Average of the stock is -36.51%, while the 200-Day Moving Average is calculated to be -49.68%.

Shares Statistics:

The stock has traded on average 365.33K shares per day over the past 3-months and 546450 shares per day over the last 10 days, according to various share statistics. A total of 30.87M shares are outstanding, with a floating share count of 28.28M. Insiders hold about 63.61% of the company’s shares, while institutions hold 1.26% stake in the company. Shares short for CENN as of 1752537600 were 366361 with a Short Ratio of 1.00, compared to 1749772800 on 628766. Therefore, it implies a Short% of Shares Outstanding of 366361 and a Short% of Float of 1.4199998999999999.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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