In the last trading session, 1.84 million shares of the Cenntro Inc (NASDAQ:CENN) were traded, and its beta was 1.62. Most recently the company’s share price was $0.62, and it changed around -$0.08 or -11.62% from the last close, which brings the market valuation of the company to $29.72M. CENN currently trades at a discount to its 52-week high of $1.84, offering almost -196.77% off that amount. The share price’s 52-week low was $0.64, which indicates that the current value has fallen by an impressive -3.23% since then. We note from Cenntro Inc’s average daily trading volume that its 10-day average is 0.71 million shares, with the 3-month average coming to 205.03K.
Cenntro Inc (NASDAQ:CENN) trade information
Instantly CENN has showed a red trend with a performance of -11.62% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.7900 on recent trading dayincreased the stock’s daily price by 21.52%. The company’s shares are currently down -63.29% year-to-date, but still down -19.94% over the last five days. On the other hand, Cenntro Inc (NASDAQ:CENN) is -32.54% down in the 30-day period. We can see from the shorts that 0.63 million shares have been sold at a short interest cover period of 4.65 day(s).
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 42.34%.
CENN Dividends
Cenntro Inc’s next quarterly earnings report is expected to be released in August.
Cenntro Inc (NASDAQ:CENN)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 40.94% of Cenntro Inc shares, and 1.29% of them are in the hands of institutional investors. The stock currently has a share float of 2.19%. Cenntro Inc stock is held by 50.0 institutions, with GEODE CAPITAL MANAGEMENT, LLC being the largest institutional investor. By 2024-06-30, it held 0.8327% of the shares, which is about 0.26 million shares worth $0.38 million.
AMUNDI, with 0.3511% or 0.11 million shares worth $0.18 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
