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CBAK Energy Technology Inc (NASDAQ: CBAT) closed the day trading at $0.84 down -11.22% from the previous closing price of $0.94. In other words, the price has decreased by -$11.22 from its previous closing price. On the day, 0.62 million shares were traded. CBAT stock price reached its highest trading level at $0.94 during the session, while it also had its lowest trading level at $0.8209.
Ratios:
For a better understanding of CBAT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.98. 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 75216152 and an Enterprise Value of 83613616. As of this moment, CBAK’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.56, and their Forward P/E ratio for the next fiscal year is 7.60. 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 0.36 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 $0.79. The 50-Day Moving Average of the stock is -20.78%, while the 200-Day Moving Average is calculated to be -26.55%.
Shares Statistics:
Over the past 3-months, CBAT traded about 230.65K shares per day on average, while over the past 10 days, CBAT traded about 301480 shares per day. 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 2.17% stake in the company. Shares short for CBAT as of 1730332800 were 1118014 with a Short Ratio of 4.85, compared to 1727654400 on 977404. Therefore, it implies a Short% of Shares Outstanding of 1118014 and a Short% of Float of 1.4099999.
