Cenntro Electric Group Limited (NASDAQ: CENN) is -26.32% lower on its value in year-to-date trading and has touched a low of $0.26 and a high of $2.27 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CENN stock was last observed hovering at around $0.34 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $0.32, the stock is -10.82% and -18.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.18 million and changing -4.45% at the moment leaves the stock -56.00% off its SMA200. CENN registered -81.04% loss for a year compared to 6-month loss of -61.91%. The firm has a 50-day simple moving average (SMA 50) of -$6.26 and a 200-day simple moving average (SMA200) of $2.00.
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The stock witnessed a -10.37% gain in the last 1 month and extending the period to 3 months gives it a -41.81%, and is -8.88% 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 7.26% over the week and 7.70% over the month.
Cenntro Electric Group Limited (CENN) has around 260 employees, a market worth around $91.86M and $11.16M in sales. Distance from 52-week low is 24.69% and -85.72% 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 7.71%.
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.