Investors Are Waking Up To CN Energy Group Inc (NASDAQ: CNEY) After Losing -82.12% Over The Past 12 Months

CN Energy Group Inc (NASDAQ:CNEY) currently has a daily average trading volume of 5.67M but it saw 8923465 shares traded in last market. With a market cap of 0.98M USD, the company’s current market price of $0.14 came rising about 9.75 while comparing to the previous closing price of $0.13. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.60 and as low as $0.11. In the recent trading on the day, stock has struck highest price mark of $0.1262 while lowest mark touched by it was $0.1467.

Taking a look at 20-day trading activity of CN Energy Group Inc (CNEY) gives us an average price of $0.1254, while its current price level is -91.14% below from 52-week high level whereas it is 30.21% 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 $0.1550 while that of 200 days or SMA-200 reads an average of $0.3401. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.90% during that period while stretching the period over a month that increases to 13.56%. 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 52.70 which implies that the stock is in neutral territory.

Over the week, CNEY’s stock price is moving 1.94% up while it is 2.68% when we observe its performance for the past one month. Year-to-date it is -54.98% down and over the past year, the stock is showing a downside performance of -82.12%.

The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, CN Energy Group Inc’s total number of outstanding shares is 6.81M with 1.90% of that held by the insiders while 1.84% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -14.49% and return on equity (ROE) at -14.01%. Stock’s beta reads 0.74. 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 -12.51% on average.