Last Updated: 19 Sep 2024
Executive Summary
CN Energy Group Inc. (CNEY) is a Chinese chemical company with a market capitalization of $6.22 million. The company's financial performance has been weak in recent years, with negative earnings and margins. However, the company's revenue has shown some growth in the past year. The stock price is currently trading at $0.4, near its 52-week low.
Company Overview
CN Energy Group is headquartered in Lishui, China. The company produces and sells industrial organic chemicals, including chlorinated paraffins, chlorinated polyethylene, and polyvinyl chloride. The company's products are used in a variety of applications, including plastics, coatings, and adhesives.
Fundamental Analysis
CN Energy Group's financial performance has been weak in recent years. The company has reported negative earnings per share (EPS) for the past three fiscal years. In the most recent fiscal year, the company reported an EPS of -$3.12. The company's gross profit margin and operating margin have also been negative in recent years.
However, the company's revenue has shown some growth in the past year. In the most recent fiscal year, the company reported revenue of $57.9 million, up from $57.5 million in the previous year. The company's revenue growth has been driven by increased demand for its products in China.
Technical Analysis
The technical analysis of CNEY's stock price shows that the stock is currently trading near its 52-week low. The stock has been in a downtrend for the past year. The stock's 50-day moving average is $0.396, and its 200-day moving average is $1.017. The stock's relative strength index (RSI) is 27.5, which indicates that the stock is oversold.
Short Term Outlook
The short-term outlook for CNEY's stock is bearish. The stock is currently trading near its 52-week low and is in a downtrend. The stock's technical indicators are also bearish.
Long Term Outlook
The long-term outlook for CNEY's stock is uncertain. The company's financial performance has been weak in recent years, but its revenue has shown some growth in the past year. The company's long-term outlook will depend on its ability to improve its profitability and continue to grow its revenue.
Analyst Recommendations
There are no analyst recommendations for CNEY's stock.
