Durable Goods (Jun F) -9.4% vs 9.3% Prior, Ex-Trans 0.2% vs 0.2%
CN Energy Group Inc. (CNEY) stock has plummeted to a 52-week low, reaching a price level of just $0.12. This significant drop reflects a stark contrast to the company’s performance over the past year, with the 1-year change data revealing a dramatic decline of -90.08%. InvestingPro analysis indicates the stock is currently trading in oversold territory, with a market capitalization of just $1.49 million. Despite the sharp decline, InvestingPro’s Fair Value analysis suggests the stock may be undervalued at current levels. Investors have watched with concern as the stock struggled under market pressures, leading to this new low point. The company, which specializes in the production and supply of wood-based activated carbon and biomass electricity, has faced numerous headwinds that have contributed to the downward trend in its stock price. With annual revenue of $50.96 million and a concerning negative gross profit margin, the company’s financial health score is rated as ’Weak’ by InvestingPro, which offers 18 additional key insights about CNEY’s investment potential.
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