How have the shares performed?
CN Energy Group. Inc. (CNEY) saw an uptrend of 7.83% in the recent trading with $5.37 being its most recent. The current price level -38.98% lower than the highest price of $8.80 marked by the stock while trading over the past 52-weeks, whereas it is 33.58% higher than the lowest price of $4.02 the company dropped to over past 52-weeks. The latest news story on CNEY appeared in Simply Wall St. under the title “With A Return On Equity Of 10%, Has CN Energy Group. Inc.’s (NASDAQ:CNEY) Management Done Well?” on May-05-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -32.63% below one month high and is +30.98% above of the lowest during that time. Looking into the simple moving average, CN Energy Group. Inc. (CNEY)’s stock stands at a SMA-50 of $4.55 while that of 5-day is reading $4.94.
CN Energy Group. Inc. Earnings – What Happened With CNEY
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $8.53 billion.
CNEY – CN Energy Group. Inc. Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 15.02 million. CNEY does have institutional investors; and they hold 0.20% of the stock.
CN Energy Group. Inc. – Insider Activity and Holdings
As on Mar 30, 2021, Citadel Advisors LLC was the top most holder in CN Energy Group. Inc. (NASDAQ:CNEY) with an ownership of 23598.0 shares of the company or 0.15% of the stake worth $0.12 million. The filing also reveals Captrust Financial Advisors as the second largest holder in the company with a control over 0.01% of the outstanding shares. Its stake is worth $4904.0 for having 1001.0 shares in hand.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by CN Energy Group. Inc. was 1.91 while posting a debt to equity ratio of 0.08. The count was 8.75 for long-term debt to equity ratio.
CN Energy Group. Inc.’s return on equity, or ROE, is 12.30%, compared to the industry average of 8.12% for Basic Materials – Specialty Chemicals. Although this indicates that CNEY uses its equity well, the metric will vary significantly depending on the industry.