Cenntro (CENN) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $1.24 to $1.27
• 50-Day Range: $1.14 to $1.45
• 52-Week Range: $1.00 to $2.40
• Volume: 66,904 shs
• Average Volume: 106,433 shs
• Market Capitalization: $38.28 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Cenntro Stock Analysis - MarketRank™

Cenntro scored higher than 20% of companies evaluated by MarketBeat, and ranked 75th out of 88 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Cenntro.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Cenntro has a P/B Ratio of 0.39. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.65% 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 6.7.

Change versus previous month

Short interest in Cenntro has recently decreased by 10.20%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Cenntro does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.65% 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 6.7.

Change versus previous month

Short interest in Cenntro has recently decreased by 10.20%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: N/A

News Sentiment

Cenntro has a news sentiment score of -0.81. 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 0.60 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Cenntro this week, compared to 0 articles on an average week.

Search Interest

1 people have searched for CENN on MarketBeat in the last 30 days.

MarketBeat Follows

6 people have added Cenntro to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

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.

CENN Stock Analysis - Frequently Asked Questions

How have CENN shares performed this year?

Cenntro's stock was trading at $1.44 at the start of the year. Since then, CENN stock has decreased by 13.9% and is now trading at $1.24.
View the best growth stocks for 2024 here.

How were Cenntro's earnings last quarter?

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

When did Cenntro's stock split?

Cenntro shares reverse split on 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.

Who are Cenntro's major shareholders?

Top institutional shareholders of Cenntro include Geode Capital Management LLC (0.90%).

How do I buy shares of Cenntro?

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.

What other stocks do shareholders of Cenntro own?

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

Company Calendar

• Last Earnings: 11/12/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 4/07/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Auto/Tires/Trucks
• Industry: Motor vehicles & car bodies
• Sub-Industry: Automobiles And Trucks
• Current Symbol: NASDAQ:CENN
• CUSIP: N/A
• CIK: 1707919
• Web: www.nakedbrands.com
• Phone: (732) 820-6757
• Fax: N/A
• Employees: 210
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-54,200,000.00
• Net Margins: -109.17%
• Pretax Margin: -109.40%
• Return on Equity: -37.17%
• Return on Assets: -23.58%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.70
• Quick Ratio: 1.56

Sales & Book Value

• Annual Sales: $37.05 million
• Price / Sales: 1.03
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $4.00 per share
• Price / Book: 0.31

Miscellaneous

• Outstanding Shares: 30,867,000
• Free Float: 23,089,000
• Market Cap: $38.28 million
• Optionable: Optionable
• Beta: 1.45