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How to Buy Clean Energy Technologies Stock

Clean Energy Technologies Inc

Clean Energy Technologies is a specialty industrial machinery company located in California, United States, which is part of the Industrials sector, and is traded under the ticker CETY on the NASDAQ exchange.

Clean Energy Technologies stock last closed at $1.39, down 2.8% from the previous day, and has decreased 38.5% in one year. It has underperformed other stocks in the Specialty Industrial Machinery industry by 0.52 percentage points. Clean Energy Technologies stock is currently +208.89% from its 52-week low of $0.45, and -44.62% from its 52-week high of $2.51.

At the moment, there are 42.93M shares of CETY outstanding. The market capitalization of CETY is $59.67M. In the last 24 hours, 70,745 CETY shares were traded.

How to Buy Clean Energy Technologies Stock

Not sure how to invest in Clean Energy Technologies stock? Here's how.
  1. Choose where to buy Clean Energy Technologies stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you figure out where to buy Clean Energy Technologies stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Select your payment method and add your details.
  4. Research Clean Energy Technologies stock: The Clean Energy Technologies ticker symbol is CETY. Is Clean Energy Technologies stock a good investment? Should you buy shares of CETY? How do CETY's underlying business fundamentals look? Do top analysts think Clean Energy Technologies is a good buy? Why has CETY's stock price moved recently? (Hint: Our stock market research tools can help you decide if CETY is a good stock to buy).
  5. Place your CETY purchase: Decide if you will purchase CETY shares at the current market price or use a limit order to buy CETY shares at a given price.
  6. Track your investment in CETY: Create a watchlist to keep tabs on your position in Clean Energy Technologies shares.

Step 1: Choose where to buy Clean Energy Technologies stock

You need a brokerage account in order to access the NASDAQ market and buy CETY stock.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've chosen the best brokerage, you'll need to fill out some personal information so you can buy CETY today.

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  1. Send your info by hitting the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you've filled out your info on the stock trading app, your next step is to transfer the money for your investment:

Watch this video walkthrough if you need help transferring funds into your new investment account.

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Step 4: Research Clean Energy Technologies stock

Once you have decided on the best place to buy Clean Energy Technologies stock, it's critical to research their stock before you invest, so you can comprehend the risk and opportunity.

Clean Energy Technologies Metrics

CETY Price
$1.39
1w %
-2.11%
1y %
-38.5%
5y %
N/A
P/E
-9.27x
P/B
13.52x
P/S
4.06x
PEG
N/A
Revenue
$13.73M
Earnings
-$4.59M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$59.67M
Next Earnings
Aug 13, 2024
Next Dividend
N/A

CETY Due Diligence Checks

WallStreetZen was designed to help average investors perform better fundamental analysis.

You can view all of the due diligence checks on CETY's stock page.

Is CETY stock properly valued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge CETY's intrinsic value.

Using relative valuations methods:

  • CETY may be overvalued based on its P/B ratio of 13.52x, relative to Specialty Industrial Machinery industry P/B ratio of 5.07x

You can access more valuation analysis on CETY's stock here.

CETY Financial Health Overview

Passed Health Checks:

  • Total CETY debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the CETY balance sheet.
  • There are more short-term assets than long-term liabilities on the CETY balance sheet.

Failed Health Checks:

  • CETY has a relatively high debt to equity ratio of 1.05.
  • CETY has $1.32M in cash and short term investments. This is not enough to cover its annual cash burn of $5.09M.
  • CETY has cash burn of 5090676. It does not have sufficient cash and short-term investments to cover this.
  • CETY profit margin has gone down from 9.2% to -33.4% in the past year.

CETY Technicals

SMA10
10.8
SMA20
10.8
SMA50
10.78
SMA100
10.72
SMA200
10.6
MACD
0.01
MACD Signal
0.01
MACD Histogram
0
RSI
44.76
Stochastic %K
11.11
Stochastic %D
29.63
StochRSI %K
0
StochRSI %D
11.11

How are CETY Revenues/Earnings doing?

Last year, CETY revenue was $13.73M. During the past five year, CETY's revenue has gone up by 58.25% per year. This was faster than the Specialty Industrial Machinery industry average of 3.92%.

Dig into CETY's earnings and revenue performance here.

Who is buying/selling CETY?

Over the past 12 months, executives and large shareholders at CETY have not bought or sold any shares.

Research more about who owns CETY shares here.

Can I rely on CETY as an income stream?

No, Clean Energy Technologies doesn't provide an income stream by paying out dividends.

What do other investors have to say about CETY?

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Place your CETY purchase

There are two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a particular price limit, place a limit order.

Press the Open Trade button and your broker will place your order.

If you require more help with investing in stocks on eToro, click the helpful video below:

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Step 6: Track your investment in CETY

Now that you own some CETY shares, you'll want to keep up with your company.

Start a watchlist to track the most important metrics related to your CETY stock.

CETY Feed

How to Buy Stock in Clean Energy Technologies

To reiterate, here are the 6 steps to buy stock in Clean Energy Technologies:

  1. Choose where to buy Clean Energy Technologies stock
  2. Open your brokerage account
  3. Deposit money your brokerage account
  4. Research Clean Energy Technologies stock
  5. Place your CETY purchase
  6. Track your investment in CETY

If you need a brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get notifications regarding your investment in Clean Energy Technologies, get started below.

NASDAQ: CETY
$1.39-0.04 (-2.8%)
Updated Jun 18, 2024
Open eToro Account
NASDAQ: CETY
$1.39-0.04 (-2.8%)
Updated Jun 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Clean Energy Technologies share?

As of Jun 18, 2024, it costs $1.39 to buy one share of Clean Energy Technologies stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.7, you can buy 0.5 shares of CETY.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Clean Energy Technologies stock?

One way to place an order for Clean Energy Technologies stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.