CBAK Energy Technology Inc. (NASDAQ:CBAT) went down by -1.68% from its latest closing price compared to the recent 1-year high of $11.40. The company’s stock price has collected 5.41% of gains in the last five trading sessions. Press Release reported on 04/12/21 that CBAK Energy Reports Fiscal Year 2020 Financial Results
Is It Worth Investing in CBAK Energy Technology Inc. (NASDAQ :CBAT) Right Now?
CBAK Energy Technology Inc. (NASDAQ:CBAT) scored a price-to-earnings ratio above its average ratio, recording 17.53 x from its present earnings ratio. Plus, the 36-month beta value for CBAT is at 3.36. Opinions of the stock are interesting as 0 analysts out of 1 who provided ratings for CBAK Energy Technology Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $10.00, which is -$2.68 below the current price. CBAT currently public float of 42.61M and currently shorts hold a 4.91% ratio of that float. Today, the average trading volume of CBAT was 1.98M shares.
CBAT’s Market Performance
CBAT stocks went up by 5.41% for the week, with a monthly jump of 27.17% and a quarterly performance of -14.75%, while its annual performance rate touched 550.00%. The volatility ratio for the week stands at 7.39% while the volatility levels for the past 30 days are set at 6.59% for CBAK Energy Technology Inc.. The simple moving average for the period of the last 20 days is 15.37% for CBAT stocks with a simple moving average of -1.04% for the last 200 days.
CBAT Trading at 6.93% from the 50-Day Moving Average
After a stumble in the market that brought CBAT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -58.95% of loss for the given period.
Volatility was left at 6.59%, however, over the last 30 days, the volatility rate increased by 7.39%, as shares surge +34.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.26% lower at present.
During the last 5 trading sessions, CBAT rose by +5.41%, which changed the moving average for the period of 200-days by +642.74% in comparison to the 20-day moving average, which settled at $4.12. In addition, CBAK Energy Technology Inc. saw -7.51% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CBAT
Current profitability levels for the company are sitting at:
- -11.00 for the present operating margin
- +7.22 for the gross margin
The net margin for CBAK Energy Technology Inc. stands at -20.78. The total capital return value is set at -7.05, while invested capital returns managed to touch -20.67. Equity return is now at value 53.00, with 17.90 for asset returns.
Based on CBAK Energy Technology Inc. (CBAT), the company’s capital structure generated 28.61 points at debt to equity in total, while total debt to capital is 22.25.
When we switch over and look at the enterprise to sales, we see a ratio of 8.19, with the company’s debt to enterprise value settled at 0.05. The receivables turnover for the company is 1.58 and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.86.