CN Energy Group Inc (NASDAQ:CNEY) does about 5.98M shares in volume on a normal day but saw 5006692 shares change hands in the recent trading day. The company now has a market cap of 1.18M USD. Its current market price is $0.45, marking a decrease of -34.80% compared to the previous close of $0.69. The 52 week high reached by this stock is $4.44 whilst the lowest price level in 52 weeks is $0.25.
CN Energy Group Inc (CNEY) has a 20-day trading average at $0.3900 and the current price is -89.86% off the 52-week high compared with 76.64% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3976 and its 200-day simple moving average is $1.0592. If we look at the stock’s price movements over the week, volatility stands at 54.72%, which decreases to 21.12% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 50.70 to suggest the stock is neutral.
The consensus objective for the share price is $36.00, suggesting that the stock has a potential upside of 98.75% over the period.
The current price level is 17.35%, 13.18%, and -58.06% away from its SMA20, SMA50, and SMA200 respectively, with the CNEY price moving below the 50-day SMA on current market day. CN Energy Group Inc (CNEY) stock is up 53.03% over the week and 40.59% over the past month. Its price is -77.58% year-to-date and -87.18% over the past year.
To reach the target analysts have set, the stock logically needs to grow 98.75 percent from here.
The company has a return on investment of -5.43% and return on equity of -6.72%. The beta has a value of 0.30. Price to book ratio is 0.01 and price to sales ratio is 0.02.
