Carbon Revolution Public Ltd. Co. (NASDAQ: CREV)’s stock price has gone decline by -7.23 in comparison to its previous close of 5.12, however, the company has experienced a -9.35% decrease in its stock price over the last five trading days. globenewswire.com reported 2024-09-06 that GEELONG, Australia, Sept. 06, 2024 (GLOBE NEWSWIRE) — Carbon Revolution plc (Nasdaq: CREV) (the “Company”), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced that OIC has released an incremental US$5 million of the escrowed US$35 million facility, of which, as a result of this most recent release, $30 million has been released.
Is It Worth Investing in Carbon Revolution Public Ltd. Co. (NASDAQ: CREV) Right Now?
Carbon Revolution Public Ltd. Co. (NASDAQ: CREV) has a price-to-earnings ratio that is above its average at 227.27x. The stock has a 36-month beta value of 3.01. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for CREV is 1.75M, and at present, short sellers hold a 0.46% of that float. On September 20, 2024, the average trading volume of CREV was 162.29K shares.
CREV’s Market Performance
CREV’s stock has seen a -9.35% decrease for the week, with a -32.32% drop in the past month and a -33.10% fall in the past quarter. The volatility ratio for the week is 7.90%, and the volatility levels for the past 30 days are at 8.84% for Carbon Revolution Public Ltd. Co. The simple moving average for the past 20 days is -15.63% for CREV’s stock, with a -66.68% simple moving average for the past 200 days.
Analysts’ Opinion of CREV
Many brokerage firms have already submitted their reports for CREV stocks, with Craig Hallum repeating the rating for CREV by listing it as a “Buy.” The predicted price for CREV in the upcoming period, according to Craig Hallum is $84 based on the research report published on November 28, 2023 of the previous year 2023.
CREV Trading at -25.45% from the 50-Day Moving Average
After a stumble in the market that brought CREV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -97.60% of loss for the given period.
Volatility was left at 8.84%, however, over the last 30 days, the volatility rate increased by 7.90%, as shares sank -31.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.88% lower at present.
During the last 5 trading sessions, CREV fell by -10.11%, which changed the moving average for the period of 200-days by -82.81% in comparison to the 20-day moving average, which settled at $5.52. In addition, Carbon Revolution Public Ltd. Co. saw -79.38% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CREV
Current profitability levels for the company are sitting at:
- -0.63 for the present operating margin
- -0.4 for the gross margin
The net margin for Carbon Revolution Public Ltd. Co. stands at -0.94. The total capital return value is set at -0.23. Equity return is now at value 0.30, with 0.28 for asset returns.
Based on Carbon Revolution Public Ltd. Co. (CREV), the company’s capital structure generated 1.35 points at debt to capital in total, while cash flow to debt ratio is standing at -0.23.
Currently, EBITDA for the company is -3.85 million with net debt to EBITDA at -5.27. When we switch over and look at the enterprise to sales, we see a ratio of 3.22. The receivables turnover for the company is 1.37for trailing twelve months and the total asset turnover is 0.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.12.
Conclusion
To sum up, Carbon Revolution Public Ltd. Co. (CREV) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others 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.
