CBAK Vitality Know-how Inc. (NASDAQ: CBAT) is 26.48% increased on its worth in year-to-date buying and selling and has touched a low of $0.36 and a excessive of $11.40 within the present 52-week buying and selling vary. The CBAT inventory was final noticed hovering at round $6.40 within the final buying and selling session, with the day’s good points setting it 1.4% off its common median value goal of $10.00 for the following 12 months. It is usually 22.0% off the consensus value goal excessive of $10.00 supplied by 1 analysts, however present ranges are 22.0% increased than the value goal low of $10.00 for a similar interval.
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Presently buying and selling at $7.80, the inventory is 42.48% and 42.98% above its SMA20 and SMA50 respectively. Nonetheless, with a day by day buying and selling quantity of 26.81 million and altering 21.85% in the meanwhile leaves the inventory 266.44% off its SMA200. CBAT registered 553.06% achieve for a yr in comparison with 6-month achieve of 420.33%. The agency has a 50-day easy shifting common (SMA 50) of $6.14 and a 200-day easy shifting common (SMA200) of $2.86.
The inventory witnessed a 7.20% loss within the final 1 month and increasing the interval to three months offers it a 65.80%, and is eighteen.74% up over the past 5 days. If we measure the inventory’s value variations over the week and the month, we discover that the volatility charges stand at 14.62% over the week and 13.64% over the month.
CBAK Vitality Know-how Inc. (CBAT) has round 58 workers, a market price round $528.58M and $26.80M in gross sales. Revenue margin for the corporate is -27.60%. Distance from 52-week low is 2066.14% and -31.60% from its 52-week excessive. The corporate has generated returns on investments over the past 12 months (-20.20%).
CBAK Vitality Know-how Inc. (CBAT) Analyst Forecasts
Analyst suggestions offered by FactSet reveals that the consensus forecast for CBAK Vitality Know-how Inc. (CBAT) is a “Maintain”. 1 analysts providing their suggestions for the inventory, the place 1 fee it as a Maintain and 0 assume it’s a “Obese”. 0 of the analysts fee the inventory as a “Purchase”. 0 analysts have rated the inventory as a Promote or Underperform.
CBAK Vitality Know-how Inc. is predicted to launch its quarterly report on 05/18/2021 and quarterly earnings per share for the present quarter are estimated at $0.The EPS is predicted to shrink by -278.20% this yr, however quarterly earnings will publish 22.30% year-over-year.
CBAK Vitality Know-how Inc. (CBAT) Prime Institutional Holders
10 establishments maintain shares in CBAK Vitality Know-how Inc. (CBAT), with 40M shares held by insiders accounting for 60.17% whereas institutional traders maintain 1.25% of the corporate’s shares. The shares excellent are 64.91M, and float is at 30.26M with Quick Float at 8.77%. Establishments maintain 0.50% of the Float.
The highest institutional shareholder within the firm is HRT Monetary LLC with over 0.16 million shares valued at $0.33 million. The investor’s holdings signify 0.24% of the CBAT Shares excellent. As of Sep 29, 2020, the second largest holder is Two Sigma Advisers, LP with 99100.0 shares valued at $0.2 million to account for 0.15% of the shares excellent. The opposite high traders are Renaissance Applied sciences, LLC which holds 42169.0 shares representing 0.06% and valued at over $85181.0, whereas Jane Road Group, LLC holds 0.05% of the shares totaling 34564.0 with a market worth of $69819.0.
CBAK Vitality Know-how Inc. (CBAT) Insider Exercise
A complete of 0 insider transactions have occurred at CBAK Vitality Know-how Inc. (CBAT) within the final six months, with gross sales accounting for 0 and purchases taking place 0 instances. The newest transaction is an insider buy by Asia EVK New Vitality Auto Ltd, the corporate’s 10% Proprietor. SEC filings present that Asia EVK New Vitality Auto Ltd purchased 2,151,017 shares of the corporate’s frequent inventory on Jun 03 at a value of $0.48 per share for a complete of $1.03 million. Following the acquisition, the insider now owns 9.7 million shares.
CBAK Vitality Know-how Inc. disclosed in a doc filed with the SEC on Jun 03 that Li Yunfei (CEO) purchased a complete of two,062,619 shares of the corporate’s frequent inventory. The commerce occurred on Jun 03 and was made at $0.48 per share for $0.99 million. Following the transaction, the insider now straight holds 10.73 million shares of the CBAT inventory.
CBAK Vitality Know-how Inc. (CBAT): Who’re the rivals?
The corporate’s primary rivals (and friends) embody Ultralife Company (ULBI) that’s buying and selling -11.87% down over the previous 12 months. Quick curiosity within the firm’s inventory has risen 84.97% from the final report on Nov 12, 2020 to face at a complete of 0.4 million brief shares bought with a brief curiosity ratio of 0.18.