The stock of Chijet Motor Company Inc (CJET) has seen a -3.31% decrease in the past week, with a 15.89% gain in the past month, and a -19.72% decrease in the past quarter. The volatility ratio for the week is 7.13%, and the volatility levels for the past 30 days are at 13.34% for CJET. The simple moving average for the past 20 days is 22.15% for CJET’s stock, with a -43.25% simple moving average for the past 200 days.
Is It Worth Investing in Chijet Motor Company Inc (NASDAQ: CJET) Right Now?
Additionally, the 36-month beta value for CJET is -1.49.
The public float for CJET is 2.05M and currently, short sellers hold a 1.56% ratio of that float. The average trading volume of CJET on March 28, 2025 was 75.50K shares.
CJET) stock’s latest price update
Chijet Motor Company Inc (NASDAQ: CJET) has experienced a rise in its stock price by 3.55 compared to its previous closing price of 1.69. However, the company has seen a fall of -3.31% in its stock price over the last five trading days. globenewswire.com reported 2025-02-26 that NEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) — Chijet Motor Company, Inc. (NASDAQ: CJET) (the “Company” or “Chijet”), a high-tech enterprise engaged in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles (“NEV”) today announced that, on February 13, 2025, it received a Staff determination letter (the “Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company of the Staff’s determination to delist the Company’s securities from The Nasdaq Global Market due to the Company’s failure to regain compliance with: (1) the minimum $50 million market value of its listed securities requirement as set forth in Listing Rule 5450(b)(2)(A); and (ii) the minimum $15 million market value of its publicly held shares requirement as set forth in Listing Rule 5450(b)(2)(C). Pursuant to the Letter, unless the Company requests an appeal, trading of the Company’s Common Stock will be suspended at the opening of business on February 25, 2025, and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the Company’s securities from listing and registration on The Nasdaq Global Market.
CJET Trading at 9.48% from the 50-Day Moving Average
After a stumble in the market that brought CJET to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -92.69% of loss for the given period.
Volatility was left at 13.34%, however, over the last 30 days, the volatility rate increased by 7.13%, as shares surge +23.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.72% lower at present.
During the last 5 trading sessions, CJET fell by -13.26%, which changed the moving average for the period of 200-days by -99.55% in comparison to the 20-day moving average, which settled at $1.4236. In addition, Chijet Motor Company Inc saw -24.57% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CJET
Current profitability levels for the company are sitting at:
- -6.14 for the present operating margin
- -2.68 for the gross margin
The net margin for Chijet Motor Company Inc stands at -4.86. The total capital return value is set at 2.71.
Based on Chijet Motor Company Inc (CJET), the company’s capital structure generated 1.74 points at debt to capital in total, while cash flow to debt ratio is standing at -0.08.
Currently, EBITDA for the company is -49.06 million with net debt to EBITDA at -10.01. When we switch over and look at the enterprise to sales, we see a ratio of 36.12. The receivables turnover for the company is 0.24for trailing twelve months and the total asset turnover is 0.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.15.
Conclusion
In conclusion, Chijet Motor Company Inc (CJET) 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.
