The stock market performance of CN Energy Group Inc has been fairly unsteady. Over the last year, the company’s stock hit its highest at $2.04 on 01/17/24, while the lowest price during the same time frame was $0.25, recorded on 09/09/24.
52-week price history of CNEY Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. CN Energy Group Inc’s current trading price is -79.46% away from its 52-week high, while its distance from the 52-week low is 64.51%. The stock’s price range for this period has remained between $0.25 and $2.04. The Basic Materials sector company’s shares managed to surpass a trading volume of around 8.29 million for the day, which was noticeably higher compared to the shares’ average daily volume of 3.99 million over the last three months.
Financial Performance and Market Capitalization
CN Energy Group Inc (CNEY) has experienced a quarterly decline of -40.33% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.90M.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.4434, with a change in price of +0.0990. Similarly, CN Energy Group Inc recorded 10,325,324 in trading volume during the last 100 days, posting a change of +30.94%.
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 0.06. Similarly, the long-term debt-to-equity ratio is also 0.00.
CNEY Stock Stochastic Average
As of today, the raw stochastic average of CN Energy Group Inc over the last 50 days is at 25.28%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 68.28%. Further, the company’s Stochastic %K and %D values for the last 20 days were 59.63% and 41.07%, respectively.
CNEY 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. Year to date metric has recorded a gain of 33.02%.However, over the last six months, we can see a stronger performance of -5.86%. Over the last 30 days, the price of CNEY has fallen by 18.93%. And in the last five days, it has surged by 21.87%.
