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: $0.58 to $0.66
• 50-Day Range: $0.62 to $1.05
• 52-Week Range: $0.45 to $2.39
• Volume: 38,215 shs
• Average Volume: 240,513 shs
• Market Capitalization: $27.71 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

CETY Stock Analysis - Frequently Asked Questions

How have CETY shares performed this year?

Clean Energy Technologies' stock was trading at $1.50 at the start of the year. Since then, CETY shares have decreased by 58.9% and is now trading at $0.6160.
View the best growth stocks for 2024 here.

How were Clean Energy Technologies' earnings last quarter?

Clean Energy Technologies, Inc. (NASDAQ:CETY) posted its quarterly earnings results on Tuesday, June, 30th. The company reported $0.00 EPS for the quarter. The company had revenue of $0.86 million for the quarter. Clean Energy Technologies had a negative trailing twelve-month return on equity of 144.41% 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.
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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: 12/21/2024
• 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: -119.83%
• Return on Equity: -144.41%
• Return on Assets: -68.81%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.86
• Quick Ratio: 0.73

Sales & Book Value

• Annual Sales: $11.78 million
• Price / Sales: 2.35
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.16 per share
• Price / Book: 3.85

Miscellaneous

• Outstanding Shares: 44,981,000
• Free Float: 13,000,000
• Market Cap: $27.71 million
• Optionable: Not Optionable
• Beta: 0.32