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NASDAQ:CETY

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

Clean Energy Technologies logo
$0.80
+0.05 (+6.62%)
(As of 11/5/2024 ET)

About Clean Energy Technologies Stock (NASDAQ:CETY)

Key Stats

Today's Range
$0.77
$0.82
50-Day Range
$0.67
$1.17
52-Week Range
$0.45
$2.39
Volume
8,711 shs
Average Volume
256,435 shs
Market Capitalization
$35.89 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

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.

Clean Energy Technologies Stock Analysis - MarketRank™

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7th Percentile Overall Score

CETY MarketRank™: 

Clean Energy Technologies scored higher than 7% of companies evaluated by MarketBeat, and ranked 259th out of 263 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Clean Energy Technologies is -5.37, 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 -5.37, 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 5.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Clean Energy Technologies' valuation and earnings.
  • Percentage of Shares Shorted

    0.45% 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 4.1.
  • Change versus previous month

    Short interest in Clean Energy Technologies has recently decreased by 15.21%, indicating that investor sentiment is improving significantly.
  • 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.

  • Percentage of Shares Shorted

    0.45% 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 4.1.
  • Change versus previous month

    Short interest in Clean Energy Technologies has recently decreased by 15.21%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Clean Energy Technologies has a news sentiment score of 0.70. 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 higher news sentiment than the 0.47 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.
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CETY Stock News Headlines

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CETY Stock Analysis - Frequently Asked Questions

Clean Energy Technologies' stock was trading at $1.50 on January 1st, 2024. Since then, CETY stock has decreased by 46.3% and is now trading at $0.8050.
View the best growth stocks for 2024 here
.

Clean Energy Technologies, Inc. (NASDAQ:CETY) released its quarterly earnings data on Monday, August, 19th. The company reported ($0.02) earnings per share for the quarter. The business had revenue of $0.20 million for the quarter. Clean Energy Technologies had a negative trailing twelve-month return on equity of 120.10% and a negative net margin of 66.61%.

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

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.

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
8/19/2024
Today
11/05/2024
Next Earnings (Estimated)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Natural gas distribution
Sub-Industry
Utilities
Current Symbol
NASDAQ:CETY
Employees
10
Year Founded
N/A

Profitability

Net Income
$-5,660,000.00
Pretax Margin
-64.57%

Debt

Sales & Book Value

Annual Sales
$15.11 million
Book Value
$0.16 per share

Miscellaneous

Free Float
N/A
Market Cap
$33.88 million
Optionable
Not Optionable
Beta
0.37
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This page (NASDAQ:CETY) was last updated on 11/5/2024 by MarketBeat.com Staff
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