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Are we looking at the next big move in Cenntro Electric Group Limited (CENN)?

Cenntro Electric Group Limited (NASDAQ: CENN) is 19.50% higher on its value in year-to-date trading and has touched a low of $0.26 and a high of $3.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CENN stock was last observed hovering at around $0.51 in the last trading session, with the day’s gains setting it 0.02%.

Currently trading at $0.53, the stock is 21.14% and -8.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.49 million and changing 3.77% at the moment leaves the stock -58.25% off its SMA200. CENN registered -79.62% loss for a year compared to 6-month loss of -69.07%.

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The stock witnessed a 71.72% gain in the last 1 month and extending the period to 3 months gives it a -47.41%, and is -1.18% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.82% over the week and 17.20% over the month.

Cenntro Electric Group Limited (CENN) has around 260 employees, a market worth around $132.35M and $11.16M in sales. Distance from 52-week low is 102.23% and -82.47% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.20%).

The EPS is expected to grow by 99.00% this year.

Cenntro Electric Group Limited (CENN) Top Institutional Holders

The shares outstanding are 261.26M, and float is at 161.26M with Short Float at 6.72%.

Cenntro Electric Group Limited (CENN) Insider Activity

A total of 0 insider transactions have happened at Cenntro Electric Group Limited (CENN) in the last six months, with sales accounting for 0 and purchases happening 0 times.

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