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How to Buy Cn Energy Group Stock

Cn Energy Group Inc

CN Energy Group. Inc. manufactures and supplies wood-based activated carbon in China.

Cn Energy Group stock last closed at $0.78, down 0.38% from the previous day, and has decreased 87.22% in one year. It has underperformed other stocks in the Specialty Chemicals industry by 0.99 percentage points. Cn Energy Group stock is currently +17.42% from its 52-week low of $0.67, and -90.27% from its 52-week high of $8.04.

As of May 2, 2024, there are 2.39M CNEY shares outstanding. The market cap of CNEY is $1.87M. In the past 24 hours, 15,396 CNEY shares were traded.

How to Buy Cn Energy Group Stock

Wondering how to invest in Cn Energy Group stock? Here's how.
  1. Figure out where to buy Cn Energy Group stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Cn Energy Group stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Fund your investment account: Pick your method of payment and add your details.
  4. Evaluate Cn Energy Group stock: The Cn Energy Group ticker symbol is CNEY. Is Cn Energy Group stock a good investment? Should you buy shares of CNEY? How do CNEY's underlying business fundamentals look? Do top analysts think Cn Energy Group is a good buy? Why has CNEY's stock price moved recently? (Hint: Our stock research tools can help you evaluate if CNEY is a good stock to buy).
  5. Execute your CNEY trade: Decide if you will purchase CNEY shares at the current market price or use a limit order to purchase CNEY shares at a particular price.
  6. Track your investment in CNEY: Create a watchlist to key updates about your new investment in Cn Energy Group stock.

Step 1: Figure out where to buy Cn Energy Group stock

You will need a brokerage account to access the NASDAQ market and buy CNEY stock.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen your brokerage, you'll need to fill out some personal information so you are able to invest in CNEY stock today.

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Step 3: Fund your investment account

Now that you've created your account on stock market app, you need to deposit funds:

Check out the video below if you need help transferring funds into your investment account.

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Step 4: Evaluate Cn Energy Group stock

Once you have decided on the best place to buy Cn Energy Group stock, it's crucial to research their stock before you buy, so you can comprehend the risk and upside.

Cn Energy Group quick stats

CNEY Price
$0.78
1w %
1.3%
1y %
-87.22%
5y %
N/A
P/E
-0.25x
P/B
0.02x
P/S
0.02x
PEG
N/A
Revenue
$57.90M
Earnings
-$5.63M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$1.87M
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of Cn Energy Group

WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis in minutes instead of hours.

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

What is the fair value of CNEY stock?

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

Using relative valuations methods:

  • CNEY may be undervalued based on its P/B ratio of 0.02x, relative to Specialty Chemicals industry P/B ratio of 3.34x

You can access additional valuation analysis on CNEY's stock here.

CNEY Financial Health Summary

Passed Financial Due Diligence Checks:

  • CNEY has a low debt to equity ratio of 0.22.
  • There are more short-term assets than short-term liabilities on the CNEY balance sheet.
  • There are more short-term assets than long-term liabilities on the CNEY balance sheet.

Failed Financial Due Diligence Checks:

  • CNEY profit margin has gone down from 5.5% to -9.7% in the past year.
  • CNEY has cash burn of 30848363. It does not have enough cash and short-term investments to cover this.
  • CNEY has $195.50k in cash and short term investments. This is not sufficient to cover its annual cash burn of $30.85M.

CNEY Trading Indicators

SMA10
0.77
SMA20
0.88
SMA50
1.09
SMA100
1.43
SMA200
2.7
MACD
-0.1
MACD Signal
-0.11
MACD Histogram
0.01
RSI
37.37
Stochastic %K
18.64
Stochastic %D
16.42
StochRSI %K
62.57
StochRSI %D
50.99

CNEY Growth Numbers

Last year, CNEY revenue was $57.90M. During the past 4 year, CNEY's revenue has grown by 51.84% per year. This was faster than the Specialty Chemicals industry average of 7.42%.

Find out more about CNEY's earnings and revenue performance here.

Latest Insiders Trades at CNEY

Over the past year, insiders at CNEY have not bought or sold any shares.

Dig into more about who owns CNEY stock here.

Does CNEY stock generate passive income?

No, Cn Energy Group doesn't provide an income stream by paying out dividends.

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Step 5: Execute your CNEY trade

There are two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally the best for newer investors.
  • 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 an exact price limit, use a limit order.

Press the Open button and your broker will execute the order.

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Step 6: Track your investment in CNEY

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

Put CNEY on a watchlist to get alerted to the latest events about your CNEY stock.

CNEY Feed

How to Buy Stock in Cn Energy Group

To summarize, here are the 6 steps to buy Cn Energy Group stock:

  1. Figure out where to buy Cn Energy Group stock
  2. Create a brokerage account
  3. Fund your investment account
  4. Evaluate Cn Energy Group stock
  5. Execute your CNEY trade
  6. Track your investment in CNEY

If you need a brokerage account, 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 would like to watch your new investment in Cn Energy Group, add CNEY to your watchlist below.

NASDAQ: CNEY
$0.78-0.00 (-0.38%)
Updated May 2, 2024
Open eToro Account
NASDAQ: CNEY
$0.78-0.00 (-0.38%)
Updated May 2, 2024
Open eToro Account

FAQ

How much does it cost to buy one Cn Energy Group share?

As of May 2, 2024, it costs $0.78 to buy one share of Cn Energy Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.39, you can buy 0.5 shares of CNEY.

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 Cn Energy Group stock?

One way to place an order for Cn Energy Group 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.