Ratios Revealed: Decoding CN Energy Group Inc (CNEY)’s Financial Health

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The closing price of CN Energy Group Inc (NASDAQ: CNEY) was $0.28 for the day, down -2.45% from the previous closing price of $0.29. In other words, the price has decreased by -$2.45 from its previous closing price. On the day, 0.77 million shares were traded. CNEY stock price reached its highest trading level at $0.3078 during the session, while it also had its lowest trading level at $0.2792.

Ratios:

Our analysis of CNEY’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.26 and its Current Ratio is at 4.40. In the meantime, Its Debt-to-Equity ratio is 0.06 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 6223206 and an Enterprise Value of 7232920. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03 while its Price-to-Book (P/B) ratio in mrq is 0.01. Its current Enterprise Value per Revenue stands at 0.109 whereas that against EBITDA is -3.832.

Stock Price History:

Over the past 52 weeks, CNEY has reached a high of $2.04, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is -20.49%, while the 200-Day Moving Average is calculated to be -46.20%.

Shares Statistics:

CNEY traded an average of 3.75M shares per day over the past three months and 2322290 shares per day over the past ten days. A total of 6.91M shares are outstanding, with a floating share count of 6.58M. Insiders hold about 4.77% of the company’s shares, while institutions hold 0.49% stake in the company. Shares short for CNEY as of 1735603200 were 168301 with a Short Ratio of 0.04, compared to 1732838400 on 3245. Therefore, it implies a Short% of Shares Outstanding of 168301 and a Short% of Float of 2.4699999999999998.

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