On Thursday, shares of CBAK Energy Technology, Inc. (NASDAQ:CBAT) marked $3.71 per share versus a previous $3.31 closing price. With having a 12.08% gain, an insight into the fundamental values of CBAK Energy Technology, Inc., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. CBAT showed a rise of 222.61% within its YTD performance, with highs and lows between $0.36 – $4.98 during the period of 52 weeks, compared to the simple moving average of 338.71% in the period of the last 200 days.
[bold-text]CBAK Energy Technology, Inc. (CBAT) Analysis[/bold-text]
The present dividend yield for CBAT owners is set at 0, marking the return investors will get regardless of the company’s performance in the upcoming period. In addition, the growth of sales from quarter to quarter is recording 7.00%, hinting the company’s progress in the upcoming progress.
In order to gain a clear insight on the performance of CBAK Energy Technology, Inc. (CBAT) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of -71.50% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 0.30 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.
Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while CBAT is currently recording an average of 8.57M in volumes. The volatility of the stock on monthly basis is set at 33.87%, while the weekly volatility levels are marked at 17.53%. Additionally, long-term investors are predicting the target price of $2.00, indicating growth from the present price of $3.71, which can represent yet another valuable research and analysis points that can help you decide whether to invest in CBAT or pass.
[bold-text]What to Look for When Analyzing CBAK Energy Technology, Inc. Shares?[/bold-text]
CBAK Energy Technology, Inc. (CBAT) is based in the China and it represents one of the well-known company operating with Industrials sector. If you wish to compare CBAT shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of for CBAK Energy Technology, Inc., while the value can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value -0.19 is supported by the yearly EPS growth of -278.20%.
Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 29.80%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 0.30% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.
[bold-text]Are Institutional Investors Increasing Stakes in CBAT Shares?[/bold-text]
It appears that more than several institutional investors and hedge funds decided to increase stakes in CBAT in the recent period. That is how HRT Financial LLC now has an increase position in CBAT by — in the first quarter, owning 32472 shares of CBAT stocks, with the value of $65593 after the purchase of an additional 32,472 shares during the last quarter. In the meanwhile, UBS Securities LLC also increased their stake in CBAT shares changed — in the first quarter, which means that the company now owns 17163 shares of company, all valued at $34669 after the acquisition of additional 17,163 shares during the last quarter.
Morgan Stanley Smith Barney LLC acquired a new position in CBAK Energy Technology, Inc. during the first quarter, with the value of $2626, and FSC Securities Corp. increased their stake in the company’s shares by 0.00% in the first quarter, now owning 0 shares valued at $505 after the acquisition of the additional 250 shares during the last quarter. At the present, 0.30% of CBAT shares are in the ownership of institutional investors.