CN Energy Group Inc (NASDAQ:CNEY) price on Thursday, May 01, rose 9.75% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.14.
A look at the stock’s price movement, the close in the last trading session was $0.13, moving within a range at $0.1262 and $0.1467. The beta value (5-Year monthly) was 0.755. Turning to its 52-week performance, $1.60 and $0.11 were the 52-week high and 52-week low respectively. Overall, CNEY moved 2.68% over the past month.
CN Energy Group Inc’s market cap currently stands at around $0.98 million, with investors looking forward to this quarter’s earnings report slated for in June.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CNEY is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
CNEY’s current price about 13.05% and -8.53% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 52.70, while 7-day volatility ratio is 12.90% and 13.56% in the 30-day chart. Further, CN Energy Group Inc (CNEY) has a beta value of 0.74, and an average true range (ATR) of 0.02.
If we refocus on CN Energy Group Inc (NASDAQ:CNEY), historical trading data shows that trading volumes averaged 18.93 over the past 10 days and 5.67 million over the past 3 months. The company’s latest data on shares outstanding shows there are 6.81 million shares.
The 4.77% of CN Energy Group Inc’s shares are in the hands of company insiders while institutional holders own 3.21% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 27923.0 on 2025-04-15, giving us a short ratio of 0.04. The data shows that as of 2025-04-15 short interest in CN Energy Group Inc (CNEY) stood at 23.0 of shares outstanding, with shares short falling to 88488.0 registered in 2025-03-14. Current price change has pushed the stock -54.98% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CNEY stock continues to rise going into the next quarter.
