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CN Energy Group Inc. (CNEY) stock has plummeted to a 52-week low, trading at just $0.15. With a market capitalization of $1.85 million and an exceptionally high current ratio of 42.41, InvestingPro analysis indicates the stock is currently undervalued. This significant drop reflects a tumultuous period for the company, with the stock experiencing a staggering 1-year change of -84.9%. Technical indicators from InvestingPro show the stock is in oversold territory, while investors have watched with concern as the company’s shares have steadily decreased in value, reaching this new low point. The decline over the past year underscores the challenges CN Energy Group has faced in the market, marking a period of intense volatility and investor caution for the energy sector player. InvestingPro subscribers can access 17 additional investment tips and comprehensive valuation metrics to better navigate this volatile stock.
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