Cenntro Electric Group Limited (NASDAQ: CENN) on June 23, 2022, started off the session at the price of $1.97, plunging 0.00% from the previous trading day. During the day, the shares moved up to $2.025 and dropped to $1.90 before settling in for the closing price of $1.99. Within the past 52 weeks, CENN’s price has moved between $1.05 and $14.17.
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During the last 5-year period, the sales drop of Consumer Cyclical Sector giant was -38.30%. The company achieved an average annual earnings per share of 99.00%. With a float of $161.21 million, this company’s outstanding shares have now reached $175.09 million.
Let’s determine the extent of company efficiency that accounts for 260 employees.
Cenntro Electric Group Limited (CENN) Breakdown of a Key Holders of the stock
Observing investor behavior towards Auto Manufacturers industry stocks is more important than anything else. The insider ownership of Cenntro Electric Group Limited is 38.29%, while institutional ownership is 2.60%.
Cenntro Electric Group Limited (CENN) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 99.00% per share during the next fiscal year.
Cenntro Electric Group Limited (NASDAQ: CENN) Trading Performance Indicators
Cenntro Electric Group Limited (CENN) is currently performing well based on its current performance indicators. A quick ratio of 10.30 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 56.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.09
Technical Analysis of Cenntro Electric Group Limited (CENN)
Looking closely at Cenntro Electric Group Limited (NASDAQ: CENN), its last 5-days average volume was 4.86 million, which is a drop from its year-to-date volume of 8.38 million. As of the previous 9 days, the stock’s Stochastic %D was 69.97%. Additionally, its Average True Range was 0.16.
During the past 100 days, Cenntro Electric Group Limited’s (CENN) raw stochastic average was set at 48.21%, which indicates a significant decrease from 56.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 121.89% in the past 14 days, which was higher than the 117.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.7416, while its 200-day Moving Average is $4.8349. However, in the short run, Cenntro Electric Group Limited’s stock first resistance to watch stands at $2.0433. Second resistance stands at $2.0967. The third major resistance level sits at $2.1683. If the price goes on to break the first support level at $1.9183, it is likely to go to the next support level at $1.8467. Now, if the price goes above the second support level, the third support stands at $1.7933.
Cenntro Electric Group Limited (NASDAQ: CENN) Key Stats
Market capitalization of the company is 488.21 million based on 261,256K outstanding shares. Right now, sales total 8,580 K and income totals -16,420 K.