The price of Cenntro Electric Group Limited (NASDAQ:CENN) shares last traded on Wall Street fell -4.19% to $0.31.
CENN stock price is now -21.33% away from the 50-day moving average and -57.51% away from the 200-day moving average. The market capitalization of the company currently stands at $88.00M.
25-cent Stock Takes $11T Commodities Sector Digital
One brilliantly-run technology firm has successfully partnered with some of the largest players in the industry to bring a first-of-its-kind digital solution to the global commodities supply chain sector. Best of all, this upstart technology firm is currently trading undiscovered — below 25-cents per share — so very, very few investors know about it yet! For investors… it's an early-stage opportunity in a company that's bringing the US$11T global commodities sector straight into the 21st century.
All the details are in the FREE online report you can get here.
Sponsored
.
A total of 37.12% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in CENN stock. A new stake in Cenntro Electric Group Limited shares was purchased by AQR CAPITAL MANAGEMENT LLC during the first quarter worth $193,000. PHOENIX HOLDINGS LTD. invested $10,000 in shares of CENN during the first quarter. In the first quarter, VICTORY CAPITAL MANAGEMENT INC acquired a new stake in Cenntro Electric Group Limited valued at approximately $6,000. CREATIVE PLANNING acquired a new stake in CENN for approximately $5,000. MACKENZIE FINANCIAL CORP purchased a new stake in CENN valued at around $4,000 in the second quarter. In total, there are 111 active investors with 8.30% ownership of the company’s stock.
A candlestick chart of Cenntro Electric Group Limited (NASDAQ: CENN) showed a price of $0.3203 on Wednesday morning. During the past 12 months, Cenntro Electric Group Limited has had a low of $0.26 and a high of $2.27. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 13.90, and a quick ratio of 12.60. The fifty day moving average price for CENN is $0.3922 and a two-hundred day moving average price translates $0.7246 for the stock.
The latest earnings results from Cenntro Electric Group Limited (NASDAQ: CENN) was released for Jun, 2022.
Cenntro Electric Group Limited(CENN) Company Profile
Cenntro Electric Group Limited designs and manufactures electric light and medium-duty commercial vehicles in Europe, North America, and Asia. It serves corporate and governmental organizations. The company was formerly known as Naked Brand Group Limited and changed its name to Cenntro Electric Group Limited in December 2021. The company was founded in 2013 and is headquartered in Freehold, New Jersey.
