XTX Markets LLC recently announced the acquisition of new stake in CN Energy Group Inc (NASDAQ:CNEY). This fresh investment now brings its stake to 0.09% valued currently at $5746.0. In addition, UBS Securities LLC raised its holdings by 10126.0 to 10126.0 shares.
With over 22.6 million CN Energy Group Inc (CNEY) shares trading Friday and a closing price of $0.07 on the day, the dollar volume was approximately $1.58 million. The shares have shown a negative half year performance of -66.82% and its price on 12/29/23 gained nearly 11.31%.
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Fidelity Nasdaq Composite Index F owns 8671.0 shares of the company’s stock, all valued at over $954.0.
Shares of CN Energy Group Inc (NASDAQ: CNEY) opened at $0.0675, up $0.01 from a prior closing price of $0.06. However, the script later moved the day high at 0.0750, up 11.31%. The company’s stock has a 5-day price change of 3.88% and -44.02% over the past three months. CNEY shares are trading -91.31% year to date (YTD), with the 12-month market performance down to -91.83% lower. It has a 12-month low price of $0.05 and touched a high of $2.17 over the same period. CNEY has an average intraday trading volume of 2.50 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -22.05%, -26.47%, and -58.45% respectively.
Institutional ownership of CN Energy Group Inc (NASDAQ: CNEY) shares accounts for 0.25% of the company’s 33.60M shares outstanding. Mutual fund holders own 0.02%, while other institutional holders and individual stakeholders account for 0.13% and — respectively.
It has a market capitalization of $2.25M and a beta (3y monthly) value of 0.63. Price movements for the stock have been influenced by the stock’s volatility, which stands at 24.94% over the week and 16.65% over the month.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 1 brokerage firm advisors rate CN Energy Group Inc (CNEY) as a “Strong Buy” at a consensus score of 1.00. Specifically, 1 Wall Street analysts polled rate the stock as a buy, while 0 of the 1 advise that investors “hold,” and 0 rated it as a “Sell.”
