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CN Energy Group Inc (CNEY) Is Now En Route to Higher Prices

CN Energy Group Inc (NASDAQ: CNEY) is -52.35% lower on its value in year-to-date trading and has touched a low of $0.11 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 $0.17 in the last trading session, with the day’s loss setting it -0.02%.

Currently trading at $0.15, the stock is 16.70% and -1.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.55 million and changing -9.03% at the moment leaves the stock -55.40% off its SMA200. CNEY registered -80.88% loss for a year compared to 6-month loss of -70.22%.

The stock witnessed a 19.89% gain in the last 1 month and extending the period to 3 months gives it a -35.36%, and is 13.71% 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 19.94% over the week and 15.42% over the month.

CN Energy Group Inc (CNEY) has around 24 employees, a market worth around $1.04M and $50.96M in sales. Profit margin for the company is -27.55%. Distance from 52-week low is 37.83% and -90.62% 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 0.42%.

CN Energy Group Inc (CNEY) Insider Activity

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