In the past week, CNEY stock has gone up by 34.91%, with a monthly gain of 62.00% and a quarterly plunge of -16.97%. The volatility ratio for the week is 25.73%, and the volatility levels for the last 30 days are 18.16% for CN Energy Group Inc The simple moving average for the past 20 days is 39.48% for CNEY’s stock, with a -38.49% simple moving average for the past 200 days.
Is It Worth Investing in CN Energy Group Inc (NASDAQ: CNEY) Right Now?
The 36-month beta value for CNEY is at 0.78.
The public float for CNEY is 6.58M, and currently, shorts hold a 17.40% of that float. The average trading volume for CNEY on May 12, 2025 was 12.82M shares.
CNEY) stock’s latest price update
The stock price of CN Energy Group Inc (NASDAQ: CNEY) has surged by 4.98 when compared to previous closing price of 0.19, but the company has seen a 34.91% gain in its stock price over the last five trading sessions. 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 Trading at 34.34% 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 -87.34% of loss for the given period.
Volatility was left at 18.16%, however, over the last 30 days, the volatility rate increased by 25.73%, as shares surge +67.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.78% upper at present.
During the last 5 trading sessions, CNEY rose by +35.84%, which changed the moving average for the period of 200-days by -58.39% in comparison to the 20-day moving average, which settled at $0.1453. In addition, CN Energy Group Inc saw -35.71% 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 0.02. 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
In conclusion, CN Energy Group Inc (CNEY) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
