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.
The price of CBAK Energy Technology Inc (NASDAQ: CBAT) closed at $0.84 in the last session, down -0.46% from day before closing price of $0.84. In other words, the price has decreased by -$0.46 from its previous closing price. On the day, 0.52 million shares were traded. CBAT stock price reached its highest trading level at $0.8502 during the session, while it also had its lowest trading level at $0.8278.
Ratios:
We take a closer look at CBAT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.86. For the most recent quarter (mrq), Quick Ratio is recorded 0.66 and its Current Ratio is at 0.85. 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 75243136 and an Enterprise Value of 83613616. As of this moment, CBAK’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.57, and their Forward P/E ratio for the next fiscal year is 7.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.34 while its Price-to-Book (P/B) ratio in mrq is 0.57. 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 $0.82. The 50-Day Moving Average of the stock is -16.76%, while the 200-Day Moving Average is calculated to be -25.97%.
Shares Statistics:
According to the various share statistics, CBAT traded on average about 275.93K shares per day over the past 3-months and 259950 shares per day over the past 10 days. A total of 89.94M shares are outstanding, with a floating share count of 71.63M. Insiders hold about 20.36% of the company’s shares, while institutions hold 2.17% stake in the company. Shares short for CBAT as of 1730332800 were 1118014 with a Short Ratio of 4.50, compared to 1727654400 on 977404. Therefore, it implies a Short% of Shares Outstanding of 1118014 and a Short% of Float of 1.4099999.
