Cenntro Inc [NASDAQ: CENN] plunged by -$0.35 during the normal trading session on Wednesday and reaching a high of $0.6209 during the day while it closed the day at $0.27.
Cenntro Inc stock has also loss -54.80% of its value over the past 7 days. However, CENN stock has declined by -60.40% in the 3 months of the year. Over the past six months meanwhile, it has lost -62.84% and lost -77.50% year-on date.
The market cap for CENN stock reached $13.79 million, with 47.91 million shares outstanding and 32.28 million shares in the current float. Compared to the average trading volume of 395.69K shares, CENN reached a trading volume of 83303606 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Cenntro Inc [CENN]:
The Price to Book ratio for the last quarter was 0.16, with the Price to Cash per share for the same quarter was set at 0.12.
CENN stock trade performance evaluation
Cenntro Inc [CENN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -54.80. With this latest performance, CENN shares dropped by -50.15% in over the last four-week period, additionally sinking by -62.84% over the last 6 months – not to mention a drop of -75.17% 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 CENN stock in for the last two-week period is set at 20.24, with the RSI for the last a single of trading hit 0.0768, and the three-weeks RSI is set at 0.0537 for Cenntro Inc [CENN]. The present Moving Average for the last 50 days of trading for this stock 0.5399, while it was recorded at 0.5517 for the last single week of trading, and 0.8122 for the last 200 days.
Cenntro Inc [CENN]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Cenntro Inc [CENN] shares currently have an operating margin of -98.43% and a Gross Margin at 23.71%. Cenntro Inc’s Net Margin is presently recorded at -149.27%.
Cenntro Inc (CENN) Capital Structure & Debt Analysis
According to recent financial data for Cenntro Inc. ( CENN), the Return on Equity (ROE) stands at -31.82%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -19.98%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Cenntro Inc’s Return on Invested Capital (ROIC) is -48.68%, showcasing its effectiveness in deploying capital for earnings.
Cenntro Inc (CENN) Efficiency & Liquidity Metrics
Based on Cenntro Inc’s (CENN) latest financial statements, the Debt-to-Equity Ratio is 0.31%, indicating its reliance on debt financing relative to shareholder equity.
Cenntro Inc (CENN) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Cenntro Inc. (CENN) effectively leverages its workforce, generating an average of -$161538.46 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.80% and a Quick Ratio of 0.62%, indicating strong ability to cover short-term liabilities.
Cenntro Inc [CENN]: Institutional Ownership
There are presently around $1.99%, or 3.20%% of CENN stock, in the hands of institutional investors. The top three institutional holders of CENN stocks are: GEODE CAPITAL MANAGEMENT, LLC with ownership of 0.26 million shares, which is approximately 0.8327%. AMUNDI, holding 0.11 million shares of the stock with an approximate value of $$0.18 million in CENN stocks shares; and AMUNDI, currently with $$0.12 million in CENN stock with ownership which is approximately 0.2639%.
