Putting The Spotlight On CN Energy Group Inc (CNEY)

CN Energy Group Inc (NASDAQ:CNEY) currently has a daily average trading volume of 6.55M but it saw 2356884 shares traded in last market. With a market cap of 1.05M USD, the company’s current market price of $0.40 came rising about 1.89 while comparing to the previous closing price of $0.39. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.05 and as low as $0.25. In the recent trading on the day, stock has struck highest price mark of $0.3817 while lowest mark touched by it was $0.459.

Taking a look at 20-day trading activity of CN Energy Group Inc (CNEY) gives us an average price of $0.4046, while its current price level is -90.17% below from 52-week high level whereas it is 56.34% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.3963 while that of 200 days or SMA-200 reads an average of $1.0163. A closer look into the stock’s movement over the week reveals that its volatility is standing at 49.96% during that period while stretching the period over a month that decreases to 25.77%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.20 which implies that the stock is in neutral territory.

Over the week, CNEY’s stock price is moving -71.35% down while it is 33.04% when we observe its performance for the past one month. Year-to-date it is -80.16% down and over the past year, the stock is showing a downside performance of -89.06%.

Currently, CN Energy Group Inc’s total number of outstanding shares is 2.63M. Company’s return on investment (ROI) stands at -5.43% and return on equity (ROE) at -6.72%. Stock’s beta reads 0.54. Stock has a price to book (P/B) ratio of 0.01 while price to sale or P/S ratio amounts to 0.02. Its return on asset (ROA) is -5.09% on average.