NASDAQ:CBATCBAK Energy Technology Stock Price, Forecast & News

$0.46

-0.01 (-2.53 %)

(As of 05/28/2020 04:00 PM ET)

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Today's Range

$0.46

Now: $0.46▼

$0.49

50-Day Range

$0.40

MA: $0.46▼

$0.51

52-Week Range

$0.36

Now: $0.46▼

$1.20

Volume39,800 shs

Average Volume48,761 shs

Market Capitalization$24.89 million

P/E RatioN/A

Dividend YieldN/A

Beta3.28

CBAK Energy Technology, Inc., through its subsidiaries, develops, manufactures, and sells lithium batteries in the People's Republic of China, Europe, South Korea, and Israel. Its products are used in various applications, including electric vehicles, such as electric cars, electric buses, and hybrid electric cars and buses; light electric vehicles that include electric bicycles, electric motors, and sight-seeing cars; and electric tools, energy storage, uninterruptible power supply, and other high power applications, as well as cordless power tools. 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. was founded in 1999 and is based in Dalian, China.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for CBAK Energy Technology.

2.4 Community Rank

Outperform Votes
CBAK Energy Technology has received 103 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
CBAK Energy Technology has received 108 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
CBAK Energy Technology has received 51.18% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about CBAK Energy Technology and other stocks. Vote “Outperform” if you believe CBAT will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CBAT will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
CBAK Energy Technology does not currently pay a dividend.
Dividend Growth
CBAK Energy Technology does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CBAK Energy Technology insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 20.25% of the stock of CBAK Energy Technology is held by insiders.
Percentage Held by Institutions
Only 0.33% of the stock of CBAK Energy Technology is held by institutions.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of CBAK Energy Technology is -1.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of CBAK Energy Technology is -1.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
CBAK Energy Technology has a P/B Ratio of 1.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

0.48 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Miscellaneous electrical machinery, equipment, & supplies

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:CBAT

Previous Symbol

CUSIPN/A

CIK1117171

Webwww.cbak.com.cn

Phone86-411-3918-5985

Debt

Debt-to-Equity Ratio0.70

Current Ratio0.48

Quick Ratio0.34

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$22.19 million

Price / Sales1.12

Cash FlowN/A

Price / Cash FlowN/A

Book Value$0.31 per share

Price / Book1.49

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$-10,770,000.00

Net Margins-48.52%

Return on Equity-125.99%

Return on Assets-9.65%

Miscellaneous

EmployeesN/A

Outstanding Shares53,757,000

Market Cap$24.89 million

Next Earnings Date6/1/2020 (Estimated)

OptionableNot Optionable

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CBAK Energy Technology (NASDAQ:CBAT) Frequently Asked Questions

How has CBAK Energy Technology's stock been impacted by COVID-19 (Coronavirus)?

CBAK Energy Technology's stock was trading at $0.43 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CBAT stock has increased by 7.7% and is now trading at $0.4630. View which stocks have been most impacted by Coronavirus.

When is CBAK Energy Technology's next earnings date?

CBAK Energy Technology is scheduled to release its next quarterly earnings announcement on Monday, June 1st 2020. View our earnings forecast for CBAK Energy Technology.

How were CBAK Energy Technology's earnings last quarter?

CBAK Energy Technology Inc (NASDAQ:CBAT) issued its quarterly earnings data on Monday, August, 22nd. The electronics maker reported ($0.15) earnings per share for the quarter. The electronics maker had revenue of $1.36 million for the quarter. CBAK Energy Technology had a negative return on equity of 125.99% and a negative net margin of 48.52%. View CBAK Energy Technology's earnings history.

Has CBAK Energy Technology been receiving favorable news coverage?

News coverage about CBAT stock has been trending positive on Thursday, according to InfoTrie. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. CBAK Energy Technology earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned news headlines about the electronics maker a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an impact on the company's share price in the immediate future. View the latest news aboutCBAK Energy Technology.

Who are some of CBAK Energy Technology's key competitors?

Some companies that are related to CBAK Energy Technology include Flux Power (FLUX), Security Devices International (SDEV), Sono-Tek (SOTK), Evans & Sutherland Computer (ESCC), Polar Power (POLA), Manhattan Scientifics (MHTX), Environmental Tectonics (ETCC), mPhase Technologies (XDSL), Oakridge Global Energy Solutions (OGES) and Wireless Xcessories Group (WIRX). View all competitors.

What other stocks do shareholders of CBAK Energy Technology own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CBAK Energy Technology investors own include NovaBay Pharmaceuticals (NBY), NovaBay Pharmaceuticals (NBY), Clean Energy Fuels (CLNE), Gevo (GEVO), Actinium Pharmaceuticals (ATNM), Capricor Therapeutics (CAPR), Catalyst Biosciences (CBIO), FuelCell Energy (FCEL), InfuSystem (INFU) and Nokia Oyj (NOK).

Who are CBAK Energy Technology's key executives?

CBAK Energy Technology's management team includes the following people:

Mr. Yunfei Li, Chairman, Pres, CEO & Sec. (Age 50)
Mr. Wenwu Wang, CFO & Treasurer (Age 36)
Mr. Guosheng Wang, VP of Operations & Director (Age 46)
Mr. Yongbin Han CPA, VP of Investments, CFO of Shenzhen Bak, VP of Shenzhen BAK and Deputy GM of BAK Battery (Age 49)
Ms. Tracy Li, Investor Relations Officer

What is CBAK Energy Technology's stock symbol?

CBAK Energy Technology trades on the NASDAQ under the ticker symbol "CBAT."

How do I buy shares of CBAK Energy Technology?

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

What is CBAK Energy Technology's stock price today?

One share of CBAT stock can currently be purchased for approximately $0.46.

How big of a company is CBAK Energy Technology?

CBAK Energy Technology has a market capitalization of $24.89 million and generates $22.19 million in revenue each year.

What is CBAK Energy Technology's official website?

The official website for CBAK Energy Technology is www.cbak.com.cn.

How can I contact CBAK Energy Technology?

CBAK Energy Technology's mailing address is BAK INDUSTRIAL PARK MEIGUI STREET HUAYUANKOU ECONOMIC ZONE, DALIAN F4, 116450. The electronics maker can be reached via phone at 86-411-3918-5985 or via email at [email protected]

This page was last updated on 5/28/2020 by MarketBeat.com Staff