CN Energy Group Inc [NASDAQ: CNEY] traded at a high on Tuesday, posting a 16.03 gain after which it closed the day’ session at $0.42.
The results of the trading session contributed to over 8286712 shares changing hands. Over the past one week, the price volatility of CN Energy Group Inc stands at 22.19% while the volatility over the past one month is 14.55%.
The market cap for CNEY stock reached $2.90 million, with 6.91 million shares outstanding and 6.58 million shares in the current float. Compared to the average trading volume of 3.99M shares, CNEY reached a trading volume of 8286712 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about CN Energy Group Inc [CNEY]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CNEY shares is $36.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CNEY stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for CN Energy Group Inc is set at 0.06, with the Price to Sales ratio for CNEY stock in the period of the last 12 months amounting to 0.04. The Price to Book ratio for the last quarter was 0.01, with the Price to Cash per share for the same quarter was set at 0.02.
How has CNEY stock performed recently?
CN Energy Group Inc [CNEY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 21.87. With this latest performance, CNEY shares gained by 18.93% in over the last four-week period, additionally sinking by -5.86% over the last 6 months – not to mention a drop of -75.50% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CNEY stock in for the last two-week period is set at 60.87, with the RSI for the last a single of trading hit 70.79, and the three-weeks RSI is set at 55.07 for CN Energy Group Inc [CNEY]. The present Moving Average for the last 50 days of trading for this stock 0.3741, while it was recorded at 0.3609 for the last single week of trading, and 0.5408 for the last 200 days.
CN Energy Group Inc [CNEY]: Deeper insight into the fundamentals
CN Energy Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.26 and a Current Ratio set at 4.40.
