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CN Energy Group Inc (CNEY) Looks Ready for Growth Despite -29.84% Change This Year

MQ Stock

CN Energy Group Inc (NASDAQ: CNEY) is -29.84% lower on its value in year-to-date trading and has touched a low of $0.22 and a high of $1.60 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 CNEY stock was last observed hovering at around $0.24 in the last trading session, with the day’s loss setting it -0.02%.

Currently trading at $0.22, the stock is -11.27% and -23.39% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 117.34 million and changing -9.65% at the moment leaves the stock -49.39% off its SMA200. CNEY registered -86.19% loss for a year compared to 6-month loss of -34.28%..

The stock witnessed a -21.21% gain in the last 1 month and extending the period to 3 months gives it a -35.05%, and is -16.29% 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 24.54% over the week and 13.84% over the month.

CN Energy Group Inc (CNEY) has around 24 employees, a market worth around $1.53M and $50.96M in sales. Profit margin for the company is -27.55%. Distance from 52-week low is -0.09% and -86.19% from its 52-week high. The company has generated returns on investments over the last 12 months (-14.49%).

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CN Energy Group Inc (CNEY) Top Institutional Holders

The shares outstanding are 6.81M, and float is at 6.58M with Short Float at 1.39%.

CN Energy Group Inc (CNEY) Insider Activity

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