Cenntro Inc (NASDAQ: CENN) Emerges As Guiding Light For Investors

Cenntro Inc (NASDAQ:CENN) currently has a daily average trading volume of 132.86K but it saw 100534 shares traded in last market. With a market cap of 37.97M USD, the company’s current market price of $1.23 came falling about -3.91 while comparing to the previous closing price of $1.28. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.30 and as low as $1.00. In the recent trading on the day, stock has struck highest price mark of $1.21 while lowest mark touched by it was $1.28.

Taking a look at 20-day trading activity of Cenntro Inc (CENN) gives us an average price of $1.1330, while its current price level is -46.52% below from 52-week high level whereas it is 23.00% 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 $1.2209 while that of 200 days or SMA-200 reads an average of $1.4155. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.92% during that period while stretching the period over a month that decreases to 6.50%. 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 56.06 which implies that the stock is in neutral territory.

Over the week, CENN’s stock price is moving 14.95% up while it is 1.65% when we observe its performance for the past one month. Year-to-date it is 14.95% up and over the past year, the stock is showing a downside performance of -15.17%.

Currently, Cenntro Inc’s total number of outstanding shares is 30.87M. Company’s return on investment (ROI) stands at -36.65% and return on equity (ROE) at -35.37%. Stock’s beta reads 1.56. Stock has a price to book (P/B) ratio of 0.39 while price to sale or P/S ratio amounts to 1.02. Its return on asset (ROA) is -23.00% on average.