Witnessing the stock’s movement on the chart, on January 11, 2021, CBAK Energy Technology Inc. (NASDAQ: CBAT) had a quiet start as it plunged -8.55% to $6.95. During the day, the stock rose to $7.21 and sunk to $6.60 before settling in for the price of $7.60 at the close. Taking a more long-term approach, CBAT posted a 52-week range of $0.36-$11.40.
The company of the Industrials sector’s yearbook sales growth during the past 5- year span was recorded 9.80%. Meanwhile, its Annual Earning per share during the time was -17.60%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -278.20%. This publicly-traded company’s shares outstanding now amounts to $64.91 million, simultaneously with a float of $30.26 million. The organization now has a market capitalization sitting at $536.33 million. At the time of writing, stock’s 50-day Moving Average stood at $5.73, while the 200-day Moving Average is $2.23.
It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 58 employees. It has generated 59,343 per worker during the last fiscal year. Meanwhile, its income per employee was -28,790. The stock had 1.12 Receivables turnover and 0.20 Total Asset turnover. For the Profitability, stocks gross margin was +2.80, operating margin was -34.97 and Pretax Margin of -48.90.
CBAK Energy Technology Inc. (CBAT) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Electrical Equipment & Parts industry. CBAK Energy Technology Inc.’s current insider ownership accounts for 60.17%, in contrast to 0.50% institutional ownership. According to the most recent insider trade that took place on Jun 03, this organization’s 10% Owner bought 2,151,017 shares at the rate of 0.48, making the entire transaction reach 1,032,488 in total value, affecting insider ownership by 9,702,615. Preceding that transaction, on Jun 03, Company’s CEO bought 2,062,619 for 0.48, making the whole transaction’s value amount to 990,057. This particular insider is now the holder of 10,726,705 in total.
CBAK Energy Technology Inc. (CBAT) Earnings and Revenue Records
As on 12/30/2010, Multinational firm has announced its last quarter scores, in which it reported -$0.3 earnings per share (EPS) for the period falling under the consensus outlook (set at -$0.04) by -$0.26. This company achieved a net margin of -48.51 while generating a return on equity of -154.70. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
CBAK Energy Technology Inc.’s EPS decrease for this current 12-month fiscal period is -278.20%. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 30.00% through the next 5 years, which can be compared against the -17.60% growth it accomplished over the previous five years trading on the market.
CBAK Energy Technology Inc. (NASDAQ: CBAT) Trading Performance Indicators
Let’s observe the current performance indicators for CBAK Energy Technology Inc. (CBAT). It’s Quick Ratio in the last reported quarter now stands at 0.40. The Stock has managed to achieve an average true range (ATR) of 0.94. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 20.01.
In the same vein, CBAT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.14.
Technical Analysis of CBAK Energy Technology Inc. (CBAT)
Going through the that latest performance of [CBAK Energy Technology Inc., CBAT]. Its last 5-days volume of 21.62 million indicated improvement to the volume of 18.5 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 64.70% While, its Average True Range was 1.03.
Raw Stochastic average of CBAK Energy Technology Inc. (CBAT) in the period of the previous 100 days is set at 58.78%, which indicates a major rise in contrast to 55.74% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 157.84% that was lower than 237.80% volatility it exhibited in the past 100-days period.