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NASDAQ:CBAT

CBAK Energy Technology (CBAT) Stock Price, News & Analysis

$1.39
+0.13 (+10.32%)
(As of 07/26/2024 ET)
Today's Range
$1.22
$1.40
50-Day Range
$1.15
$1.89
52-Week Range
$0.76
$2.08
Volume
281,867 shs
Average Volume
142,654 shs
Market Capitalization
$125.02 million
P/E Ratio
15.44
Dividend Yield
N/A
Price Target
N/A
CBAT stock logo

About CBAK Energy Technology Stock (NASDAQ:CBAT)

CBAK Energy Technology, Inc., together with its subsidiaries, manufacture, commercialization, and distribution of lithium ion high power rechargeable batteries in Mainland China, the United States, Europe, and internationally. The company operates in two segments, CBAK and Hitrans. Its lithium batteries are used in various applications, including electric vehicles, such as electric cars, electric buses, and hybrid electric cars and buses; light electric vehicles, such as electric bicycles, electric motors, electric tricycles, and smaller-sized electric cars; and electric tools, energy storage, uninterruptible power supply, and other high power applications, as well as cordless power tools. The company also develops and manufactures NCM precursor and cathode materials. The company was formerly known as China BAK Battery, Inc. and changed its name to CBAK Energy Technology, Inc. in January 2017. CBAK Energy Technology, Inc. is based in Dalian, China.

CBAT Stock Price History

CBAT Stock News Headlines

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CBAK Energy Technology (NASDAQ: CBAT)
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Company Calendar

Last Earnings
5/10/2024
Today
7/26/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry
N/A
Current Symbol
NASDAQ:CBAT
Employees
1,456
Year Founded
N/A

Profitability

Net Income
$-2,450,000.00
Pretax Margin
3.25%

Debt

Sales & Book Value

Annual Sales
$204.44 million
Cash Flow
$0.11 per share
Book Value
$1.27 per share

Miscellaneous

Free Float
78,346,000
Market Cap
$125.02 million
Optionable
Optionable
Beta
1.95
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Key Executives

  • Mr. Yunfei Li (Age 56)
    Chairman, President & CEO
    Comp: $117.66k
  • Mr. Jiewei Li Thierry (Age 34)
    CFO & Company Secretary
  • Mr. Yongbin Han (Age 55)
    VP of Investments, CFO of Shenzhen Bak, VP of Shenzhen BAK and Deputy GM of BAK Battery
    Comp: $25.56k
  • Mr. Guosheng Wang (Age 52)
    Consultant
  • Mr. Xiujun Tian
    Deputy GM & General Engineer

CBAT Stock Analysis - Frequently Asked Questions

How have CBAT shares performed this year?

CBAK Energy Technology's stock was trading at $1.05 at the beginning of the year. Since then, CBAT shares have increased by 32.4% and is now trading at $1.39.
View the best growth stocks for 2024 here
.

How were CBAK Energy Technology's earnings last quarter?

CBAK Energy Technology, Inc. (NASDAQ:CBAT) released its earnings results on Friday, May, 10th. The electronics maker reported $0.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.01) by $0.12. The electronics maker earned $58.82 million during the quarter, compared to the consensus estimate of $62.78 million. CBAK Energy Technology had a net margin of 4.62% and a trailing twelve-month return on equity of 8.71%.

How do I buy shares of CBAK Energy Technology?

Shares of CBAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of CBAK Energy Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CBAK Energy Technology investors own include Gevo (GEVO), Nokia Oyj (NOK), Advanced Micro Devices (AMD), Sorrento Therapeutics (SRNE), Biocept (BIOC), Clean Energy Fuels (CLNE) and Kandi Technologies Group (KNDI).

This page (NASDAQ:CBAT) was last updated on 7/27/2024 by MarketBeat.com Staff

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