(CBAT) CBAK Energy Technology - Ratings and Ratios

CBAK Energy Technology, Inc. is a leading global manufacturer of lithium-ion high-power rechargeable batteries, operating primarily in Mainland China, the United States, Europe, and other international markets. The company is organized into two main business segments: CBAK and Hitrans. Its product portfolio serves a wide range of applications, including electric vehicles such as cars, buses, and hybrid vehicles; light electric vehicles like e-bicycles, e-motorcycles, and small electric cars; and high-power applications such as electric tools, energy storage systems, uninterruptible power supplies, and cordless power tools. Additionally, the company specializes in the development and production of NCM (Nickel Cobalt Manganese) precursor and cathode materials, which are critical components in lithium-ion battery manufacturing. Established as China BAK Battery, Inc., the company rebranded to CBAK Energy Technology, Inc. in January 2017 and is headquartered in Dalian, China.

From a technical perspective, CBAT is currently trading at $0.88, with key moving averages indicating a mixed trend. The SMA20 ($0.87) and SMA50 ($0.90) are close to the current price, while the SMA200 ($1.09) is above, suggesting potential resistance at higher levels. The Average True Range (ATR) of $0.05 reflects low volatility in recent trading activity, with average daily volume of 195,042 shares over the past 20 days.

Fundamentally, CBAK Energy Technology, Inc. has a market capitalization of $78.21 million, with a trailing P/E ratio of 7.25 and a forward P/E of 8.08, indicating moderate valuation. The P/B ratio of 0.61 and P/S ratio of 0.38 suggest undervaluation relative to book value and revenue, respectively. Return on equity (RoE) stands at 8.79%, reflecting reasonable profitability for its size and industry.