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CN Energy Group Inc (CNEY) Stock: A Year of Market Movement, Down and Up

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. CN Energy Group Inc’s current trading price is -85.34% away from its 52-week high, while its distance from the 52-week low is 17.39%. The stock’s price range over this period has fluctuated between $0.25 and $2.04. The company, operating within the financial sector, had a trading volume of approximately 0.77 million for the day, which was noticeably lower than the average daily share volume of 3.75 million over the last 3 months.

CN Energy Group Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $2.04 on 01/17/24, while the lowest value for the same period was recorded at $0.25 on 09/09/24.

Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

CN Energy Group Inc (CNEY) has experienced a quarterly decline of -50.23% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.07M.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.4421, with a change in price of -0.0015. Similarly, CN Energy Group Inc recorded 10,386,429 in trading volume during the last 100 days, posting a change of -0.50%.

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 CNEY stands at 0.06. Similarly, the long-term debt-to-equity ratio is also 0.00.

CNEY Stock Stochastic Average

Today, CN Energy Group Inc’s raw stochastic average for the past 50 days stands at 5.15%, indicating a decline from the raw stochastic average of the last 20 days, which was 13.91%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 8.93% and 9.31% respectively.

CNEY Stock Price Performance Analysis

The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price loss of -5.08% this year. Over the last six months, there has been a stronger performance of -40.33%. The price of CNEY leaped by -6.85% during the last 30 days period. For the last 5-days stocks have slided -10.75%.

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