The stock of Clean Energy Technologies Inc (CETY) has gone down by -5.26% for the week, with a -6.42% drop in the past month and a -33.50% drop in the past quarter. The volatility ratio for the week is 8.44%, and the volatility levels for the past 30 days are 10.69% for CETY. The simple moving average for the past 20 days is -12.48% for CETY’s stock, with a -36.46% 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 0.34. 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 18.21M and currently, short sellers hold a 0.43% ratio of that float. The average trading volume of CETY on November 21, 2024 was 56.24K shares.
CETY) stock’s latest price update
Clean Energy Technologies Inc (NASDAQ: CETY)’s stock price has plunge by -0.07relation to previous closing price of 0.69. Nevertheless, the company has seen a -5.26% plunge in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-21 that IRVINE, CA., Nov. 21, 2024 (GLOBE NEWSWIRE) — Clean Energy Technologies, Inc. (Nasdaq: CETY) (the “Company” or “CETY”), a clean energy manufacturing and engineering, procurement, and construction (EPC) 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, is pleased to announce a strategic partnership with METIS Power to develop advanced microgrid solutions for AI data centers and cryptocurrency mining operations.
CETY Trading at -19.08% 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 -71.34% of loss for the given period.
Volatility was left at 10.69%, however, over the last 30 days, the volatility rate increased by 8.44%, as shares sank -8.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -39.00% lower at present.
During the last 5 trading sessions, CETY fell by -7.68%, which changed the moving average for the period of 200-days by +24.77% in comparison to the 20-day moving average, which settled at $0.7818. In addition, Clean Energy Technologies Inc saw -54.33% 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:
- -0.4 for the present operating margin
- -0.85 for the gross margin
The net margin for Clean Energy Technologies Inc stands at -0.91. The total capital return value is set at -0.36. Equity return is now at value -161.00, with -64.87 for asset returns.
Based on Clean Energy Technologies Inc (CETY), the company’s capital structure generated 0.55 points at debt to capital in total, while cash flow to debt ratio is standing at -0.87. The debt to equity ratio resting at 1.21. The interest coverage ratio of the stock is -3.19.
Currently, EBITDA for the company is -3.33 million with net debt to EBITDA at -1.65. When we switch over and look at the enterprise to sales, we see a ratio of 10.24. The receivables turnover for the company is 3.52for trailing twelve months and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.86.
Conclusion
In conclusion, Clean Energy Technologies Inc (CETY) has seen bad 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.
