Cenntro Electric Group Limited (NASDAQ:CENN) went up by 6.18% from its latest closing price compared to the recent 1-year high of $3.00. The company’s stock price has collected 4.59% of gains in the last five trading sessions.
Is It Worth Investing in Cenntro Electric Group Limited (NASDAQ :CENN) Right Now?
Plus, the 36-month beta value for CENN is at 1.26. Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for Cenntro Electric Group Limited declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
CENN currently public float of 161.26M and currently shorts hold a 6.72% ratio of that float. Today, the average trading volume of CENN was 6.00M shares.
CENN’s Market Performance
CENN stocks went up by 4.59% for the week, with a monthly jump of 109.81% and a quarterly performance of -42.15%, while its annual performance rate touched -78.02%. The volatility ratio for the week stands at 9.08% while the volatility levels for the past 30 days are set at 16.66% for Cenntro Electric Group Limited. The simple moving average for the period of the last 20 days is 24.89% for CENN stocks with a simple moving average of -55.38% for the last 200 days.
CENN Trading at -0.71% from the 50-Day Moving Average
After a stumble in the market that brought CENN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -81.39% of loss for the given period.
Volatility was left at 16.66%, however, over the last 30 days, the volatility rate increased by 9.08%, as shares surge +38.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -39.75% lower at present.
During the last 5 trading sessions, CENN rose by +4.59%, which changed the moving average for the period of 200-days by -73.16% in comparison to the 20-day moving average, which settled at $0.4548. In addition, Cenntro Electric Group Limited saw 26.89% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CENN
Current profitability levels for the company are sitting at:
- -191.89 for the present operating margin
- +2.73 for the gross margin
The net margin for Cenntro Electric Group Limited stands at -191.47.
The liquidity ratio also appears to be rather interesting for investors as it stands at 10.65.