Market Momentum: CN Energy Group Inc (CNEY) Registers a -4.42 Decrease, Closing at 0.16

Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.

CN Energy Group Inc (NASDAQ: CNEY) closed the day trading at $0.16 down -4.42% from the previous closing price of $0.17. In other words, the price has decreased by -$4.42 from its previous closing price. On the day, 0.61 million shares were traded. CNEY stock price reached its highest trading level at $0.163 during the session, while it also had its lowest trading level at $0.154.

Ratios:

For a better understanding of CNEY, let’s 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 6256863 and an Enterprise Value of 1607861. 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 0.032 whereas that against EBITDA is -0.197.

Stock Price History:

The Beta on a monthly basis for CNEY is 0.65, which has changed by -0.84660196 over the last 52 weeks, in comparison to a change of 0.086116076 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 -32.24%, while the 200-Day Moving Average is calculated to be -59.37%.

Shares Statistics:

Over the past 3-months, CNEY traded about 3.47M shares per day on average, while over the past 10 days, CNEY traded about 388510 shares per day. 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

Most Popular