NASDAQ:CBAT CBAK Energy Technology (CBAT) Stock Price, News & Analysis $1.06 +0.01 (+0.95%) (As of 11/1/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends About CBAK Energy Technology Stock (NASDAQ:CBAT) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get CBAK Energy Technology alerts:Sign Up Key Stats Today's Range$1.05▼$1.0950-Day Range$0.91▼$1.2552-Week Range$0.78▼$2.08Volume128,072 shsAverage Volume210,901 shsMarket Capitalization$95.79 millionP/E Ratio5.61Dividend YieldN/APrice TargetN/AConsensus RatingN/A Company OverviewCBAK Energy Technology, Inc., together with its subsidiaries, manufacture, commercialization, and distribution of lithium ion high power rechargeable batteries in Mainland China, the United States, Europe, and internationally. The company operates in two segments, CBAK and Hitrans. Its lithium batteries are used in various applications, including electric vehicles, such as electric cars, electric buses, and hybrid electric cars and buses; light electric vehicles, such as electric bicycles, electric motors, electric tricycles, and smaller-sized electric cars; and electric tools, energy storage, uninterruptible power supply, and other high power applications, as well as cordless power tools. The company also develops and manufactures NCM precursor and cathode materials. The company was formerly known as China BAK Battery, Inc. and changed its name to CBAK Energy Technology, Inc. in January 2017. CBAK Energy Technology, Inc. is based in Dalian, China.Read More… 625,000% Gain (Ad)Imagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.>> Dive into the Workshop Here CBAK Energy Technology Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks36th Percentile Overall ScoreCBAT MarketRank™: CBAK Energy Technology scored higher than 36% of companies evaluated by MarketBeat, and ranked 476th out of 667 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's OpinionN/AAnalyst RatingN/A Consensus RatingThere is not enough analysis data for CBAK Energy Technology.Read more about CBAK Energy Technology's stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth6.45% Earnings GrowthEarnings for CBAK Energy Technology are expected to grow by 6.45% in the coming year, from $0.31 to $0.33 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CBAK Energy Technology is 5.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.21.Price to Earnings Ratio vs. SectorThe P/E ratio of CBAK Energy Technology is 5.61, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 253.40.Price to Book Value per Share RatioCBAK Energy Technology has a P/B Ratio of 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about CBAK Energy Technology's valuation and earnings. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted1.51% of the float of CBAK Energy Technology has been sold short.Short Interest Ratio / Days to CoverCBAK Energy Technology has a short interest ratio ("days to cover") of 5.1.Change versus previous monthShort interest in CBAK Energy Technology has recently increased by 10.50%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldCBAK Energy Technology does not currently pay a dividend.Dividend GrowthCBAK Energy Technology does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted1.51% of the float of CBAK Energy Technology has been sold short.Short Interest Ratio / Days to CoverCBAK Energy Technology has a short interest ratio ("days to cover") of 5.1.Change versus previous monthShort interest in CBAK Energy Technology has recently increased by 10.50%, indicating that investor sentiment is decreasing significantly. News and Social Media3.0 / 5News Sentiment0.33 News SentimentCBAK Energy Technology has a news sentiment score of 0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.44 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for CBAK Energy Technology this week, compared to 1 article on an average week.Search Interest20 people have searched for CBAT on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.MarketBeat Follows2 people have added CBAK Energy Technology to their MarketBeat watchlist in the last 30 days. Company Ownership0.8 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, CBAK Energy Technology insiders have not sold or bought any company stock.Percentage Held by Insiders13.04% of the stock of CBAK Energy Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 1.97% of the stock of CBAK Energy Technology is held by institutions.Read more about CBAK Energy Technology's insider trading history. Receive CBAT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CBAK Energy Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address CBAT Stock News HeadlinesCBAK Energy Technology Announces CEO Transition: Yunfei Li Resigns, Zhiguang Hu Appointed as SuccessorOctober 27, 2024 | americanbankingnews.comLeadership Transition at CBAK Energy TechnologyOctober 26, 2024 | markets.businessinsider.comSell NVDA Now?Guess who's selling NVDA next The most successful hedge fund in history quietly sold 500,000 shares. Here's what that means for your money. Billionaire Wall Street investors are quietly offloading millions of shares. What do they know that you don't? It's arguably the most popular stock in the world. Now, one 50-year Wall Street legend says its day in the sun could finally be coming to an end. Last year, he warned of two stocks that went on to crash 60%.November 2, 2024 | Chaikin Analytics (Ad)Why is CBAK Energy Technology, Inc. (CBAK) the Cheapest Penny Stock to Buy Right Now?October 21, 2024 | uk.finance.yahoo.comIs CBAK Energy Technology, Inc. (CBAK) the Best Penny Stock with a Low PE Ratio?October 18, 2024 | insidermonkey.comCBAK Energy Technology, Inc. (CBAT) Gains Hedge Fund Interest with Strong FinancialsOctober 3, 2024 | msn.comCBAT: Weathering the challenges in the battery cell market. Maintaining a $2.50/share target.August 12, 2024 | msn.comShould You Investigate CBAK Energy Technology, Inc. (NASDAQ:CBAT) At US$1.01?August 11, 2024 | finance.yahoo.comSee More Headlines CBAT Stock Analysis - Frequently Asked Questions How have CBAT shares performed this year? CBAK Energy Technology's stock was trading at $1.05 at the beginning of the year. Since then, CBAT shares have increased by 1.4% and is now trading at $1.0650. View the best growth stocks for 2024 here. How were CBAK Energy Technology's earnings last quarter? CBAK Energy Technology, Inc. (NASDAQ:CBAT) posted its quarterly earnings data on Friday, August, 9th. The electronics maker reported $0.07 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.07. The electronics maker had revenue of $47.79 million for the quarter, compared to the consensus estimate of $62.57 million. CBAK Energy Technology had a trailing twelve-month return on equity of 16.04% and a net margin of 8.52%. Who are CBAK Energy Technology's major shareholders? CBAK Energy Technology's top institutional shareholders include Azzad Asset Management Inc. ADV (0.04%) and PFG Investments LLC (0.04%). View institutional ownership trends. How do I buy shares of CBAK Energy Technology? Shares of CBAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of CBAK Energy Technology own? Based on aggregate information from My MarketBeat watchlists, some other companies that CBAK Energy Technology investors own include Zomedica (ZOM), NIO (NIO), Jumia Technologies (JMIA), Block (SQ), Nano Dimension (NNDM), Digital Turbine (APPS) and Palantir Technologies (PLTR). Company Calendar Last Earnings8/09/2024Today11/02/2024Next Earnings (Estimated)11/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Miscellaneous electrical machinery, equipment, & supplies Sub-IndustryN/A Current SymbolNASDAQ:CBAT CUSIPN/A CIK1117171 Webwww.cbak.com.cn Phone8641139185985Fax86-411-3918-5980Employees1,456Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$0.19 Trailing P/E Ratio5.61 Forward P/E Ratio3.44 P/E GrowthN/ANet Income$-2,450,000.00 Net Margins8.52% Pretax Margin7.62% Return on Equity16.04% Return on Assets6.80% Debt Debt-to-Equity RatioN/A Current Ratio0.85 Quick Ratio0.64 Sales & Book Value Annual Sales$204.44 million Price / Sales0.47 Cash Flow$0.09 per share Price / Cash Flow11.34 Book Value$1.27 per share Price / Book0.84Miscellaneous Outstanding Shares89,940,000Free Float78,211,000Market Cap$95.79 million OptionableOptionable Beta1.87 Social Links 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report This page (NASDAQ:CBAT) was last updated on 11/2/2024 by MarketBeat.com Staff From Our PartnersEx WH Advisor Who Predicted Biden Leaving Race Makes Startling New PredictionFormer advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… ...Paradigm Press | Sponsored625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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