(CNEY) CN Energy - Ratings and Ratios

CN Energy Group, Inc. (NASDAQ:CNEY) is a diversified industrial company based in Lishui City, China, specializing in wood-based activated carbon production and supply. Its activated carbon products are utilized across various industries, including pharmaceuticals, industrial manufacturing, water purification, environmental protection, and food and beverage production. In addition to its core business, the company operates in multiple sectors such as biomass electricity generation, forestry project investment, and the sale of a wide range of materials, including minerals, metals, construction materials, and chemical products. The company also engages in sustainable forestry practices, including forest ecosystem management, timber harvesting, and natural resource development. Since its incorporation in 2018, CN Energy Group has positioned itself as a multifaceted player in Chinas industrial and environmental sectors.

From a technical standpoint, CNEYs stock has shown bearish momentum, trading below its 20-day, 50-day, and 200-day Simple Moving Averages (SMA), which are 0.21, 0.26, and 0.41, respectively. The Average True Range (ATR) of 0.03 indicates low volatility, while the average 20-day trading volume of 768,379 shares reflects moderate market activity. The stock is currently trading at 0.18, near its recent lows.

Fundamentally, the companys financial metrics highlight challenges. With a market capitalization of $6.22 million, CNEY is classified as a micro-cap stock. The price-to-book (P/B) ratio of 0.02 suggests significant undervaluation relative to its book value, while the price-to-sales (P/S) ratio of 0.12 indicates a low valuation multiples. However, the return on equity (RoE) of -3.80% points to profitability struggles, and the lack of positive P/E ratios raises concerns about earnings potential.