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CN Energy Group Inc (CNEY) Stock Could Soon Reward Patient Investors

CN Energy Group Inc (NASDAQ: CNEY) is -41.49% lower on its value in year-to-date trading and has touched a low of $0.16 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 $0.18 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $0.18, the stock is -15.73% and -30.95% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.29 million and changing 2.16% at the moment leaves the stock -55.36% off its SMA200. CNEY registered -85.49% loss for a year compared to 6-month loss of -38.57%.

The stock witnessed a -22.04% gain in the last 1 month and extending the period to 3 months gives it a -41.60%, and is 2.85% up 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 10.96% over the week and 13.27% over the month.

CN Energy Group Inc (CNEY) has around 24 employees, a market worth around $1.27M and $50.96M in sales. Profit margin for the company is -27.55%. Distance from 52-week low is 13.06% and -88.48% 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 2.20%.

CN Energy Group Inc (CNEY) Insider Activity

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