CBAK Energy Technology Inc. (NASDAQ:CBAT) went up by 16.16% from its latest closing price compared to the recent 1-year high of $5.10. The company’s stock price has collected -13.52% of loss in the last five trading sessions.
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 1.36 x from its present earnings ratio. Plus, the 36-month beta value for CBAT is at 3.04. 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. CBAT currently public float of 55.88M and currently shorts hold a 7.72% ratio of that float. Today, the average trading volume of CBAT was 902.34K shares.
CBAT’s Market Performance
CBAT stocks went down by -13.52% for the week, with a monthly drop of -20.67% and a quarterly performance of -26.16%, while its annual performance rate touched -71.85%. The volatility ratio for the week stands at 8.06% while the volatility levels for the past 30 days are set at 7.19% for CBAK Energy Technology Inc.. The simple moving average for the period of the last 20 days is -1.76% for CBAT stocks with a simple moving average of -41.25% for the last 200 days.
CBAT Trading at -6.26% 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 -78.14% of loss for the given period.
Volatility was left at 7.19%, however, over the last 30 days, the volatility rate increased by 8.06%, as shares sank -9.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.16% lower at present.
During the last 5 trading sessions, CBAT rose by +2.31%, which changed the moving average for the period of 200-days by -68.87% in comparison to the 20-day moving average, which settled at $1.1292. In addition, CBAK Energy Technology Inc. saw -38.47% 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:
- -22.24 for the present operating margin
- +9.70 for the gross margin
The net margin for CBAK Energy Technology Inc. stands at +116.74. Equity return is now at value 54.00, with 29.00 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.09.