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NASDAQ:CENN

Cenntro (CENN) Stock Price, News & Analysis

Cenntro logo
$1.27
0.00 (0.00%)
(As of 11/1/2024 ET)

About Cenntro Stock (NASDAQ:CENN)

Key Stats

Today's Range
$1.25
$1.29
50-Day Range
$1.13
$1.40
52-Week Range
$1.00
$2.60
Volume
33,879 shs
Average Volume
129,080 shs
Market Capitalization
$39.15 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
6th Percentile Overall Score

CENN MarketRank™: 

Cenntro scored higher than 6% of companies evaluated by MarketBeat, and ranked 90th out of 93 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Percentage of Shares Shorted

    2.95% 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 7.3.
  • Change versus previous month

    Short interest in Cenntro has recently increased by 1.31%, 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

    2.95% 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 7.3.
  • Change versus previous month

    Short interest in Cenntro has recently increased by 1.31%, indicating that investor sentiment is decreasing.
  • MarketBeat Follows

    2 people have added Cenntro to their MarketBeat watchlist in the last 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.
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CENN Stock News Headlines

CENNTRO MOTOR CORPORATION
625,000% Gain
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Cenntro Announces Second Quarter 2024 Financial Results
Cenntro Inc (B8I.BE)
Cenntro Electric Group (CENN)
See More Headlines

CENN Stock Analysis - Frequently Asked Questions

Cenntro's stock was trading at $1.44 on January 1st, 2024. Since then, CENN shares have decreased by 11.8% and is now trading at $1.27.
View the best growth stocks for 2024 here
.

Cenntro Inc. (NASDAQ:CENN) posted its earnings results on Tuesday, August, 13th. The company reported ($0.30) earnings per share for the quarter. The company had revenue of $8.32 million for the quarter. Cenntro had a negative net margin of 182.41% and a negative trailing twelve-month return on equity of 40.46%.

Cenntro's stock reverse split before market open 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 closing bell 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.

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), Palantir Technologies (PLTR), ChargePoint (CHPT), Canoo (GOEV), Archer Aviation (ACHR) and SoFi Technologies (SOFI).

Company Calendar

Last Earnings
8/13/2024
Today
11/02/2024
Next Earnings (Estimated)
11/12/2024
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
-182.41%
Pretax Margin
-182.66%

Debt

Sales & Book Value

Annual Sales
$22.08 million
Book Value
$4.00 per share

Miscellaneous

Free Float
23,060,000
Market Cap
$39.15 million
Optionable
Optionable
Beta
1.47
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This page (NASDAQ:CENN) was last updated on 11/2/2024 by MarketBeat.com Staff
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