NASDAQ:CBAT CBAK Energy Technology (CBAT) Stock Price, News & Analysis $0.89 +0.02 (+2.30%) (As of 11/22/2024 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$0.85▼$0.9050-Day Range$0.84▼$1.2552-Week Range$0.80▼$2.08Volume244,568 shsAverage Volume306,830 shsMarket Capitalization$80.04 millionP/E Ratio7.42Dividend 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… New post-election stock warning from Wall Street (Ad)If you’re holding U.S. stocks, it may be time to brace for impact. The S&P 500 crossed 6,000 for the first time in history...Not everything is as rosy as it seems on Wall Street. CBAK Energy Technology Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks22nd Percentile Overall ScoreCBAT MarketRank™: CBAK Energy Technology scored higher than 22% of companies evaluated by MarketBeat, and ranked 543rd out of 647 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. Earnings and Valuation1.9 / 5Proj. Earnings Growth-42.11% Earnings GrowthEarnings for CBAK Energy Technology are expected to decrease by -42.11% in the coming year, from $0.19 to $0.11 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CBAK Energy Technology is 7.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.45.Price to Earnings Ratio vs. SectorThe P/E ratio of CBAK Energy Technology is 7.42, 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 210.34.Price to Book Value per Share RatioCBAK Energy Technology has a P/B Ratio of 0.61. 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 Shorted1.56% 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 4.8.Change versus previous monthShort interest in CBAK Energy Technology has recently increased by 3.70%, indicating that investor sentiment is decreasing. 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 Shorted1.56% 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 4.8.Change versus previous monthShort interest in CBAK Energy Technology has recently increased by 3.70%, indicating that investor sentiment is decreasing. News and Social Media2.5 / 5News SentimentN/A News SentimentCBAK Energy Technology has a news sentiment score of 0.59. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.Search Interest21 people have searched for CBAT on MarketBeat in the last 30 days. This is an increase of 11% compared to the previous 30 days.MarketBeat Follows3 people have added CBAK Energy Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 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 HeadlinesOne Analyst Just Shaved Their CBAK Energy Technology, Inc. (NASDAQ:CBAT) Forecasts DramaticallyNovember 16, 2024 | finance.yahoo.comCBAK Energy Technology, Inc. Releases Third Quarter and Nine Months 2024 Financial ResultsNovember 16, 2024 | americanbankingnews.com50-year Wall Street legend: “Sell this tech stock NOW”Something very strange is happening to U.S. stocks following President Trump's victory... And this could spell disaster for some of America's favorite tech companies. November 23, 2024 | Chaikin Analytics (Ad)CBAK Energy Tech (NASDAQ:CBAT) Stock, Option ChainNovember 15, 2024 | benzinga.comCBAT: CBAK Energy Reports 3rd Quarter ResultsNovember 13, 2024 | msn.comWhile shareholders of CBAK Energy Technology (NASDAQ:CBAT) are in the black over 5 years, those who bought a week ago aren't so fortunateNovember 13, 2024 | finance.yahoo.comCBAK Energy Reports Mixed 2024 Financial ResultsNovember 13, 2024 | markets.businessinsider.comCBAK Energy Technology Inc (CBAT) Q3 2024 Earnings Call Highlights: Record Demand Spurs ...November 13, 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 stock has decreased by 15.2% and is now trading at $0.8899. View the best growth stocks for 2024 here. How were CBAK Energy Technology's earnings last quarter? CBAK Energy Technology, Inc. (NASDAQ:CBAT) announced its quarterly earnings data on Friday, August, 9th. The electronics maker reported $0.07 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.07. The electronics maker had revenue of $47.79 million for the quarter, compared to analyst estimates of $62.57 million. CBAK Energy Technology had a trailing twelve-month return on equity of 10.55% and a net margin of 6.25%. Who are CBAK Energy Technology's major shareholders? CBAK Energy Technology's top institutional shareholders include Empowered Funds LLC (0.35%), XTX Topco Ltd (0.04%), 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 Earnings8/09/2024Today11/23/2024Fiscal Year End12/31/2024Next Earnings (Estimated)3/21/2025Get 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)$0.12 Trailing P/E Ratio7.42 Forward P/E Ratio4.68 P/E GrowthN/ANet Income$-2,450,000.00 Net Margins6.25% Pretax Margin5.52% Return on Equity10.55% Return on Assets4.55% Debt Debt-to-Equity RatioN/A Current Ratio0.85 Quick Ratio0.69 Sales & Book Value Annual Sales$204.44 million Price / Sales0.39 Cash Flow$0.10 per share Price / Cash Flow8.97 Book Value$1.45 per share Price / Book0.61Miscellaneous Outstanding Shares89,940,000Free Float78,211,000Market Cap$80.04 million OptionableOptionable Beta1.91 Social Links 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? 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