Durable Goods (Jun F) -9.4% vs 9.3% Prior, Ex-Trans 0.2% vs 0.2%
CN Energy Group Inc. (CNEY) stock has reached a new 52-week low, trading at $0.16, as the company faces a tumultuous market environment. With a market capitalization of just $2.1 million and annual revenue of $51 million, the micro-cap company maintains a strong liquidity position, according to InvestingPro data. This latest price level reflects a significant downturn from previous periods, with the stock experiencing a stark 1-year change, plummeting by -84.45%. Investors are closely monitoring the stock as it navigates through these challenging times, with the hope for potential recovery or further indicators of the company’s long-term financial health. The 52-week low serves as a critical benchmark for the stock’s performance, marking the lowest price point it has touched within the last year and setting a new threshold for future valuations. Despite the decline, InvestingPro analysis suggests the stock is undervalued, with a notably low Price/Book ratio of 0.02 and a strong current ratio of 42.41. Discover 15 additional exclusive insights available on InvestingPro.
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