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Cenntro Inc (CENN) Stock: Navigating a Year of Stock Volatility

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Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Cenntro Inc’s current trading price is -68.41% away from its 52-week high, while its distance from the 52-week low is 58.00%. The stock’s price range over this period has fluctuated between $1.00 and $5.00. The company, operating within the financial sector, had a trading volume of approximately 0.6 million for the day, which was noticeably higher than the average daily share volume of 0.14 million over the last 3 months.

Cenntro Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $5.00 on 07/14/23 and the lowest value was $1.00 on 01/19/24.

Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Cenntro Inc (CENN) has experienced a quarterly rise of 22.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 48.71M and boasts a workforce of 315 employees.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.4055, with a change in price of +0.0200. Similarly, Cenntro Inc recorded 154,849 in trading volume during the last 100 days, posting a change of +1.28%.

Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis

The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for CENN stands at 0.26. Similarly, the long-term debt-to-equity ratio is also 0.13.

CENN Stock Stochastic Average

Today, Cenntro Inc’s raw stochastic average for the past 50 days stands at 52.38%, indicating a decline from the raw stochastic average of the last 20 days, which was 73.08%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 29.49% and 15.52% respectively.

CENN Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant gain of 9.72% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -11.63%. Over the past 30 days, the price of CENN has fallen by 6.04%. And in the last five days, it has surged by 7.48%.

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