Free Trial
NASDAQ:CENN

Cenntro (CENN) Stock Price, News & Analysis

Cenntro logo
$1.06 +0.01 (+0.95%)
(As of 12/20/2024 05:51 PM ET)

About Cenntro Stock (NASDAQ:CENN)

Key Stats

Today's Range
$1.04
$1.09
50-Day Range
$1.02
$1.45
52-Week Range
$1.00
$2.30
Volume
118,352 shs
Average Volume
129,240 shs
Market Capitalization
$32.72 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Cenntro Inc. engages in the design, development, and manufacture of electric light and medium-duty commercial vehicles in Europe, Asia, and the United States. Its purpose-built electric commercial vehicles are designed to serve various fleet and municipal organizations in support of city services, last-mile delivery, and other commercial applications. The company sells its products under the Metro, Logistar, Logimax, Avantier, Teemak, and Antric One names. Cenntro Inc. was founded in 2013 and is headquartered in Freehold, New Jersey.

Cenntro Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
4th Percentile Overall Score

CENN MarketRank™: 

Cenntro scored higher than 4% of companies evaluated by MarketBeat, and ranked 88th out of 91 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Cenntro.

  • Price to Book Value per Share Ratio

    Cenntro has a P/B Ratio of 0.27. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.63% of the float of Cenntro has been sold short.
  • Short Interest Ratio / Days to Cover

    Cenntro has a short interest ratio ("days to cover") of 6.1.
  • Change versus previous month

    Short interest in Cenntro has recently increased by 4.30%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Cenntro does not currently pay a dividend.

  • Dividend Growth

    Cenntro does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.63% of the float of Cenntro has been sold short.
  • Short Interest Ratio / Days to Cover

    Cenntro has a short interest ratio ("days to cover") of 6.1.
  • Change versus previous month

    Short interest in Cenntro has recently increased by 4.30%, indicating that investor sentiment is decreasing.
  • MarketBeat Follows

    Only 2 people have added Cenntro to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Cenntro insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    25.20% of the stock of Cenntro is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Read more about Cenntro's insider trading history.
Receive CENN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Cenntro and its competitors with MarketBeat's FREE daily newsletter.

CENN Stock News Headlines

Cenntro Announces Third Quarter 2024 Financial Results
Did You See Trump’s Bombshell Exec. Order 001?
Starting with what I call Exec. Order 001. It’s a bombshell law that I believe Trump will sign within minutes of stepping into the Oval Office...
CENNTRO MOTOR CORPORATION
Cenntro Announces Second Quarter 2024 Financial Results
See More Headlines

CENN Stock Analysis - Frequently Asked Questions

Cenntro's stock was trading at $1.44 at the beginning of 2024. Since then, CENN shares have decreased by 26.4% and is now trading at $1.06.
View the best growth stocks for 2024 here
.

Cenntro Inc. (NASDAQ:CENN) issued its quarterly earnings data on Tuesday, November, 12th. The company reported ($0.29) earnings per share for the quarter. The company earned $16.73 million during the quarter. Cenntro had a negative trailing twelve-month return on equity of 37.17% and a negative net margin of 109.17%.

Shares of Cenntro reverse split on the morning of Friday, December 1st 2023. The 1-10 reverse split was announced on Friday, December 1st 2023. The number of shares owned by shareholders was adjusted after the market closes on Friday, December 1st 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Cenntro's top institutional shareholders include Geode Capital Management LLC (0.90%).

Shares of CENN 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Cenntro investors own include Digital Turbine (APPS), Block (SQ), ChargePoint (CHPT), Canoo (GOEV), Archer Aviation (ACHR) and SoFi Technologies (SOFI).

Company Calendar

Last Earnings
11/12/2024
Today
12/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motor vehicles & car bodies
Sub-Industry
Automobiles And Trucks
Current Symbol
NASDAQ:CENN
Fax
N/A
Employees
210
Year Founded
N/A

Profitability

Net Income
$-54,200,000.00
Net Margins
-109.17%
Pretax Margin
-109.40%

Debt

Sales & Book Value

Annual Sales
$22.08 million
Book Value
$4.00 per share

Miscellaneous

Free Float
23,089,000
Market Cap
$32.72 million
Optionable
Optionable
Beta
1.46
Elon Musk's Next Move Cover

Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.

Get This Free Report

This page (NASDAQ:CENN) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners