Clean Energy Technologies (CETY) Stock Price, News & Analysis

Company Overview

Clean Energy Technologies, Inc. designs, produces, and markets clean energy products and integrated solutions that focuses on energy efficiency and renewable energy in the United States. It operates through four segments: Clean Energy HRS and CETY Europe, CETY Renewables Waste to Energy Solutions, engineering and Manufacturing Business, and CETY HK. The company offers Clean Cycle, which generates electricity by recycling wasted heat produced in manufacturing, waste to energy, and power generation facilities. It also converts waste products created in manufacturing, agriculture, wastewater treatment plants, and other industries to electricity, renewable natural gas, hydrogen, and bio char. In addition, the company offers engineering, consulting, and project management solutions. Further, the company is involved in the sourcing and suppling of liquefied natural gas to industries and municipalities located in the southern part of Sichuan Province and portions of Yunnan Province. The company was formerly known as Probe Manufacturing, Inc. and changed its name to Clean Energy Technologies, Inc. in November 2015. Clean Energy Technologies, Inc. was founded in 1993 and is headquartered in Irvine, California. Clean Energy Technologies, Inc. is a subsidiary of MGW Investment I Ltd.

Key Stats

• Today's Range: $0.65 to $0.73
• 50-Day Range: $0.67 to $1.09
• 52-Week Range: $0.45 to $2.39
• Volume: 51,221 shs
• Average Volume: 258,387 shs
• Market Capitalization: $31.57 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Clean Energy Technologies Stock Analysis - MarketRank™

Clean Energy Technologies scored higher than 12% of companies evaluated by MarketBeat, and ranked 257th out of 266 stocks in the oils/energy 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 Clean Energy Technologies.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Clean Energy Technologies is -4.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Clean Energy Technologies is -4.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Clean Energy Technologies has a P/B Ratio of 4.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

0.43% of the float of Clean Energy Technologies has been sold short.

Short Interest Ratio / Days to Cover

Clean Energy Technologies has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Clean Energy Technologies has recently decreased by 4.79%, indicating that investor sentiment is improving.

Dividend

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

Dividend Yield

Clean Energy Technologies does not currently pay a dividend.

Dividend Growth

Clean Energy Technologies does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

0.43% of the float of Clean Energy Technologies has been sold short.

Short Interest Ratio / Days to Cover

Clean Energy Technologies has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Clean Energy Technologies has recently decreased by 4.79%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: 0.59

News Sentiment

Clean Energy Technologies 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 is a lower news sentiment than the 0.75 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Clean Energy Technologies this week, compared to 2 articles on an average week.

Company Ownership

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

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

71.10% of the stock of Clean Energy Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 0.49% of the stock of Clean Energy Technologies is held by institutions.

CETY Stock Analysis - Frequently Asked Questions

How have CETY shares performed this year?

Clean Energy Technologies' stock was trading at $1.50 on January 1st, 2024. Since then, CETY shares have decreased by 53.2% and is now trading at $0.7019.
View the best growth stocks for 2024 here.

How were Clean Energy Technologies' earnings last quarter?

Clean Energy Technologies, Inc. (NASDAQ:CETY) released its earnings results on Tuesday, June, 30th. The company reported $0.00 earnings per share for the quarter. The company earned $0.86 million during the quarter. Clean Energy Technologies had a negative trailing twelve-month return on equity of 134.42% and a negative net margin of 124.29%.

When did Clean Energy Technologies IPO?

Clean Energy Technologies (CETY) raised $5 million in an initial public offering (IPO) on Wednesday, March 1st 2023. The company issued 1,100,000 shares at a price of $4.00-$5.00 per share. Craft Capital Management and R.F. Lafferty & Co. acted as the underwriters for the IPO.

How do I buy shares of Clean Energy Technologies?

Shares of CETY 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 Clean Energy Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Clean Energy Technologies investors own include FuelCell Energy (FCEL), Plug Power (PLUG), Ashford Hospitality Trust (AHT), Meta Platforms (META), Assertio (ASRT), Peabody Energy (BTU) and SunHydrogen (HYSR).

Company Calendar

• Last Earnings: 6/30/2020
• Today: 11/23/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Oils/Energy
• Industry: Natural gas distribution
• Sub-Industry: Utilities
• Current Symbol: NASDAQ:CETY
• CUSIP: N/A
• CIK: 1329606
• Web: cetyinc.com
• Phone: 949-273-4990
• Fax: 949-273-4990
• Employees: 10
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.16)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-5,660,000.00
• Net Margins: -124.29%
• Pretax Margin: -64.57%
• Return on Equity: -134.42%
• Return on Assets: -68.23%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.07
• Quick Ratio: 0.91

Sales & Book Value

• Annual Sales: $11.78 million
• Price / Sales: 2.68
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.16 per share
• Price / Book: 4.39

Miscellaneous

• Outstanding Shares: 44,981,000
• Free Float: 12,882,000
• Market Cap: $31.57 million
• Optionable: Not Optionable
• Beta: 0.37