Real-Time Update: Clean Energy Technologies Inc (CETY) Stock Navigates the Market with Up-to-Date Data

The stock of Clean Energy Technologies Inc (CETY) has seen a 19.47% increase in the past week, with a 101.46% gain in the past month, and a -10.00% decrease in the past quarter. The volatility ratio for the week is 14.10%, and the volatility levels for the past 30 days are at 10.93% for CETY. The simple moving average for the past 20 days is 60.11% for CETY’s stock, with a -4.02% simple moving average for the past 200 days.

Is It Worth Investing in Clean Energy Technologies Inc (NASDAQ: CETY) Right Now?

Additionally, the 36-month beta value for CETY is 0.40. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

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The public float for CETY is 10.85M and currently, short sellers hold a 1.76% ratio of that float. The average trading volume of CETY on April 03, 2024 was 782.78K shares.

CETY) stock’s latest price update

Clean Energy Technologies Inc (NASDAQ: CETY) has experienced a rise in its stock price by 16.38 compared to its previous closing price of 1.16. However, the company has seen a gain of 19.47% in its stock price over the last five trading days. GlobeNewsWire reported 2023-09-08 that COSTA MESA, Calif., Sept. 08, 2023 (GLOBE NEWSWIRE) — Clean Energy Technologies, Inc. (Nasdaq: CETY) (the “Company”), a clean energy manufacturing and services company, offering recyclable energy solutions, clean energy fuels, and alternative electric power for small and mid-sized projects in North America, Europe, and Asia, is excited to announce that its Chief Executive Officer Kam Mahdi will be presenting at the H.C. Wainwright 25th Annual Global Investment Conference, being held virtually and in person on September 11-13, 2023, at Lotte New York Palace Hotel in New York City.

CETY Trading at 70.09% from the 50-Day Moving Average

After a stumble in the market that brought CETY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -68.60% of loss for the given period.

Volatility was left at 10.93%, however, over the last 30 days, the volatility rate increased by 14.10%, as shares surge +100.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.27% upper at present.

During the last 5 trading sessions, CETY rose by +19.47%, which changed the moving average for the period of 200-days by -51.96% in comparison to the 20-day moving average, which settled at $0.8769. In addition, Clean Energy Technologies Inc saw -10.00% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for CETY

Current profitability levels for the company are sitting at:

  • -0.14 for the present operating margin
  • 0.12 for the gross margin

The net margin for Clean Energy Technologies Inc stands at -0.09. The total capital return value is set at -0.31. Equity return is now at value -43.83, with -11.16 for asset returns.

Based on Clean Energy Technologies Inc (CETY), the company’s capital structure generated 0.47 points at debt to capital in total, while cash flow to debt ratio is standing at -1.01. The debt to equity ratio resting at 0.88. The interest coverage ratio of the stock is -0.81.

Currently, EBITDA for the company is -0.9 million with net debt to EBITDA at -2.46. When we switch over and look at the enterprise to sales, we see a ratio of 4.58. The receivables turnover for the company is 4.19for trailing twelve months and the total asset turnover is 1.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.32.

Conclusion

In conclusion, Clean Energy Technologies Inc (CETY) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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