CNEY has 36-month beta value of 0.74.
The public float for CNEY is 6.58M, and currently, short sellers hold a 1.57% ratio of that float. The average trading volume of CNEY on April 22, 2025 was 3.04M shares.
CNEY) stock’s latest price update
CN Energy Group Inc (NASDAQ: CNEY) has experienced a rise in its stock price by 18.53 compared to its previous closing price of 0.12. However, the company has seen a gain of 9.96% in its stock price over the last five trading days. prnewswire.com reported 2024-12-05 that LISHUI, China, Dec. 5, 2024 /PRNewswire/ — CN Energy Group. Inc. (NASDAQ: CNEY) (“CNEY” or the “Company”) today announced that it entered into Warrant Inducement Agreements with certain holders (each, a “Holder”) of the Company’s existing ordinary share purchase warrants issued in January 2023 (the “Existing Warrants”), covering up to an aggregate of 6,576,278 class A ordinary shares of the Company, no par value (the “Ordinary Shares”), pursuant to which (i) the exercise price of the Existing Warrants will be reduced from $1.4529 per share to $0.32 per share (the “Reduced Exercise Price”) to the extent exercised by each Holder, and (ii) in exchange for each Holder’s cash payment of the Reduced Exercise Price of the Existing Warrants in part or whole, the Company will issue new unregistered ordinary share purchase warrants (the “New Warrants”), to incentivize the Holders to exercise the Existing Warrants in cash.
CNEY’s Market Performance
CNEY’s stock has risen by 9.96% in the past week, with a monthly drop of -13.35% and a quarterly drop of -55.84%. The volatility ratio for the week is 11.15% while the volatility levels for the last 30 days are 10.86% for CN Energy Group Inc The simple moving average for the past 20 days is 5.87% for CNEY’s stock, with a -61.16% simple moving average for the past 200 days.
CNEY Trading at -20.37% from the 50-Day Moving Average
After a stumble in the market that brought CNEY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -91.44% of loss for the given period.
Volatility was left at 10.86%, however, over the last 30 days, the volatility rate increased by 11.15%, as shares sank -14.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -45.84% lower at present.
During the last 5 trading sessions, CNEY rose by +3.53%, which changed the moving average for the period of 200-days by -71.16% in comparison to the 20-day moving average, which settled at $0.1289. In addition, CN Energy Group Inc saw -56.54% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CNEY
Current profitability levels for the company are sitting at:
- -0.25 for the present operating margin
- -0.01 for the gross margin
The net margin for CN Energy Group Inc stands at -0.28. The total capital return value is set at -0.13. Equity return is now at value -14.01, with -12.51 for asset returns.
Currently, EBITDA for the company is -11.1 million with net debt to EBITDA at 0.04. When we switch over and look at the enterprise to sales, we see a ratio of 0.01. The receivables turnover for the company is 1.67for trailing twelve months and the total asset turnover is 0.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 42.41.
Conclusion
To put it simply, CN Energy Group Inc (CNEY) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
