CN Energy Group Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $6.60 on 08/04/23, and the lowest price during that time was $0.41, recorded on 06/10/24.
52-week price history of CNEY Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. CN Energy Group Inc’s current trading price is -92.20% away from its 52-week high, while its distance from the 52-week low is 25.61%. The stock’s price range during this period has fluctuated between $0.41 and $6.60. Shares of the company, which operates in the Basic Materials sector, recorded a trading volume of around 0.56 million for the day, which was evidently higher than the average daily volume of 0.36 million over the last three months.
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Financial Performance and Market Capitalization
CN Energy Group Inc (CNEY) has experienced a quarterly decline of -55.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 20.34M and boasts a workforce of 30 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.8665, with a change in price of -0.8150. Similarly, CN Energy Group Inc recorded 431,091 in trading volume during the last 100 days, posting a change of -61.28%.
CNEY Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CNEY stands at 0.07. Similarly, the long-term debt-to-equity ratio is also 0.00.
CNEY Stock Stochastic Average
The raw stochastic average for CN Energy Group Inc over the last 50 days is presently at 15.00%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 55.96%. Further, the company’s Stochastic %K and %D values for the last 20 days were 33.14% and 25.54%, respectively.
CNEY Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -74.34%.However, over the last six months, we can see a stronger performance of -69.35%. Over the last 30 days, the price of CNEY has fallen by 12.05%. And in the last five days, it has surged by 14.19%.
