The 36-month beta value for CETY is also noteworthy at 0.45. 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.”
The public float for CETY is 18.21M, and at present, short sellers hold a 0.43% of that float. The average trading volume of CETY on November 12, 2024 was 25.66K shares.
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CETY) stock’s latest price update
Clean Energy Technologies Inc (NASDAQ: CETY)’s stock price has plunge by -28.56relation to previous closing price of 1.05. Nevertheless, the company has seen a -6.82% plunge in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-12 that Irvine, CA., Nov. 12, 2024 (GLOBE NEWSWIRE) — Clean Energy Technologies, Inc. (“CETY”) (Nasdaq: CETY), a clean energy manufacturing and services company offering eco-friendly green energy solutions, clean energy fuels, and alternative electric power for small and mid-size projects in North America, Europe, and Asia, has signed a memorandum of understanding with Freyr Technology Pte. Ltd. (Freyr) to deliver AI Computing and Data Center services in Southeast Asia.
CETY’s Market Performance
CETY’s stock has fallen by -6.82% in the past week, with a monthly drop of -6.35% and a quarterly drop of -26.46%. The volatility ratio for the week is 14.74% while the volatility levels for the last 30 days are 8.18% for Clean Energy Technologies Inc The simple moving average for the last 20 days is -5.18% for CETY stock, with a simple moving average of -30.54% for the last 200 days.
CETY Trading at -16.81% 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 -68.62% of loss for the given period.
Volatility was left at 8.18%, however, over the last 30 days, the volatility rate increased by 14.74%, as shares sank -3.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -33.97% lower at present.
During the last 5 trading sessions, CETY fell by -4.02%, which changed the moving average for the period of 200-days by -14.85% in comparison to the 20-day moving average, which settled at $0.7925. In addition, Clean Energy Technologies Inc saw -49.99% 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:
- -0.38 for the present operating margin
- 0.09 for the gross margin
The net margin for Clean Energy Technologies Inc stands at -0.67. The total capital return value is set at -0.73. Equity return is now at value -125.84, with -60.46 for asset returns.
Based on Clean Energy Technologies Inc (CETY), the company’s capital structure generated 0.36 points at debt to capital in total, while cash flow to debt ratio is standing at -1.46. The debt to equity ratio resting at 0.56. The interest coverage ratio of the stock is -2.87.
Currently, EBITDA for the company is -2.54 million with net debt to EBITDA at -0.64. When we switch over and look at the enterprise to sales, we see a ratio of 3.76. The receivables turnover for the company is 4.11for trailing twelve months and the total asset turnover is 0.98. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.06.
Conclusion
In summary, Clean Energy Technologies Inc (CETY) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
