Let’s start up with the current stock price of CN Energy Group. Inc. (CNEY), which is $0.94 to be very precise. The Stock rose vividly during the last session to $1.1602 after opening rate of $0.709 while the lowest price it went was recorded $0.52 before closing at $0.67.Recently in News on January 17, 2023, CNEY Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency. CN Energy Group. Inc. (the “Company”; NASDAQ: CNEY) today announced that it received a written notice (the “Notification Letter”) from The NASDAQ Stock Market LLC (“Nasdaq”) on January 13, 2023. The Notification Letter notifies that the Company is not in full compliance with the minimum bid price requirement set forth in Nasdaq Listing Rules for continued listing on the Nasdaq Capital Market. You can read further details here
CN Energy Group. Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $1.1602 on 01/20/23, with the lowest value was $0.5200 for the same time period, recorded on 01/20/23.
CN Energy Group. Inc. (CNEY) full year performance was -53.01%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, CN Energy Group. Inc. shares are logging -67.86% during the 52-week period from high price, and 105.04% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.46 and $2.91.
The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 9348085 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the CN Energy Group. Inc. (CNEY) recorded performance in the market was 21.45%, having the revenues showcasing -50.78% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 21.59M, as it employees total of 160 workers.
The Analysts eye on CN Energy Group. Inc. (CNEY)
During the last month, 0 analysts gave the CN Energy Group. Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.5741, with a change in the price was noted -1.13. In a similar fashion, CN Energy Group. Inc. posted a movement of -54.82% for the period of last 100 days, recording 552,646 in trading volumes.
Technical rundown of CN Energy Group. Inc. (CNEY)
Raw Stochastic average of CN Energy Group. Inc. in the period of last 50 days is set at 21.54%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 64.85%. In the last 20 days, the company’s Stochastic %K was 39.75% and its Stochastic %D was recorded 49.34%.
Considering, the past performance of CN Energy Group. Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 21.45%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -65.87%, alongside a downfall of -53.01% for the period of the last 12 months. The shares increased approximately by -0.22% in the 7-day charts and went down by 31.77% in the period of the last 30 days. Common stock shares were lifted by -50.78% during last recorded quarter.