Positive News SentimentPositive NewsNASDAQ:CBAT CBAK Energy Technology (CBAT) Stock Price, News & Analysis → The Overlooked Retirement Asset You Probably Don’t Own (From Crypto 101 Media) (Ad) Free CBAT Stock Alerts $1.27 -0.05 (-3.79%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$1.25▼$1.3250-Day Range$0.85▼$1.3252-Week Range$0.75▼$1.45Volume238,274 shsAverage Volume135,337 shsMarket Capitalization$114.22 millionP/E Ratio14.11Dividend YieldN/APrice TargetN/A Stock AnalysisStock AnalysisChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get CBAK Energy Technology alerts: Email Address CBAK Energy Technology MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestBearish1.51% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment2.09Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth700.00%From $0.02 to $0.16 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.94 out of 5 starsComputer And Technology Sector313th out of 584 stocksMiscellaneous Electrical Machinery, Equipment, & Supplies Industry10th out of 27 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for CBAK Energy Technology.Read more about CBAK Energy Technology's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.51% of the float of CBAK Energy Technology has been sold short.Short Interest Ratio / Days to CoverCBAK Energy Technology has a short interest ratio ("days to cover") of 8.7.Change versus previous monthShort interest in CBAK Energy Technology has recently increased by 3.85%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldCBAK Energy Technology does not currently pay a dividend.Dividend GrowthCBAK Energy Technology does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CBAT. Previous Next 3.9 News and Social Media Coverage News SentimentCBAK Energy Technology has a news sentiment score of 2.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for CBAK Energy Technology this week, compared to 1 article on an average week.Search Interest5 people have searched for CBAT on MarketBeat in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CBAK Energy Technology insiders have not sold or bought any company stock.Percentage Held by Insiders12.89% of the stock of CBAK Energy Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 1.97% of the stock of CBAK Energy Technology is held by institutions.Read more about CBAK Energy Technology's insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for CBAK Energy Technology are expected to grow by 700.00% in the coming year, from $0.02 to $0.16 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CBAK Energy Technology is 14.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.51.Price to Earnings Ratio vs. SectorThe P/E ratio of CBAK Energy Technology is 14.11, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 209.43.Price to Book Value per Share RatioCBAK Energy Technology has a P/B Ratio of 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about CBAK Energy Technology's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad True Market Insidersget a piece of the profit from this land This isn’t the prettiest land on earth. But it might be the most valuable. And you don’t have to own, lease, or rent any land.Click here to see my #1 investment for 2024. 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.Read More CBAT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CBAT Stock News HeadlinesMay 15, 2024 | americanbankingnews.comCBAK Energy Technology (NASDAQ:CBAT) Shares Pass Above 200 Day Moving Average of $1.01May 13, 2024 | finance.yahoo.comCBAT: Reports strong margins and improved outlook for 2024. Increasing our EPS estimates and target valuation to $2.50.May 10, 2024 | finance.yahoo.comCBAK Energy Technology Inc (CBAT) Reports Strong Q1 2024 Financial ResultsMay 10, 2024 | finanznachrichten.deCBAK Energy Technology, Inc.: CBAK Energy Reports First Quarter 2024 Unaudited Financial ResultsMay 10, 2024 | markets.businessinsider.comCBAK Energy Misses On Revenue Mark, Battery Business Shines BrighterMay 10, 2024 | msn.comCBAK Energy Technology GAAP EPS of $0.11 beats by $0.12, revenue of $58.8M misses by $3.98MMay 10, 2024 | prnewswire.comCBAK Energy Reports First Quarter 2024 Unaudited Financial ResultsMay 9, 2024 | msn.comCBAK Energy Technology Q1 Earnings PreviewMay 9, 2024 | americanbankingnews.comCBAK Energy Technology (CBAT) Set to Announce Earnings on FridayMay 3, 2024 | prnewswire.comCBAK Energy to Report First Quarter 2024 Unaudited Financial Results on Friday, May 10, 2024April 23, 2024 | fool.comCBAK Energy Technology (NASDAQ: CBAT)March 18, 2024 | finance.yahoo.comCBAT: Demand for cylindrical cells remains strong boosting margins significantly. Several catalysts on the horizon.March 15, 2024 | finance.yahoo.comStrong week for CBAK Energy Technology (NASDAQ:CBAT) shareholders doesn't alleviate pain of three-year lossMarch 15, 2024 | finanznachrichten.deCBAK Energy Technology, Inc.: CBAK Energy Reports Fourth Quarter and Full Year 2023 Unaudited Financial ResultsMarch 15, 2024 | markets.businessinsider.comCBAK Energy's Q4 Revenue Jumps With Battery Business Leading The Charge: DetailsMarch 15, 2024 | markets.businessinsider.comCBAK Energy Technology Posts Narrower Loss In Q4March 15, 2024 | finance.yahoo.comCBAT Mar 2024 2.500 putMarch 15, 2024 | finance.yahoo.comCBAK Energy Reports Fourth Quarter and Full Year 2023 Unaudited Financial ResultsMarch 15, 2024 | finance.yahoo.comCBAK Energy Technology Inc (CBAT) Reports Mixed 2023 Financial ResultsMarch 14, 2024 | markets.businessinsider.comChina BAK Battery Inc Registered Shs hosts conference call for investorsMarch 14, 2024 | benzinga.comCBAK Energy Tech Earnings PreviewMarch 6, 2024 | prnewswire.comCBAK Energy to Report Fourth Quarter and Full Year 2023 Unaudited Financial Results on Friday, March 15, 2024March 1, 2024 | thestreet.comCBAK Energy Technology Inc.February 14, 2024 | investorplace.comFrom Mines to Megabatteries: 3 Lithium Stocks Ready to BoomNovember 14, 2023 | finance.yahoo.comCBAT: Strong demand from battery storage customers leads to profitability.See More Headlines Receive CBAT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CBAK Energy Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/15/2024Today5/19/2024Next Earnings (Estimated)8/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Miscellaneous electrical machinery, equipment, & supplies Sub-IndustryN/A Current SymbolNASDAQ:CBAT CUSIPN/A CIK1117171 Webwww.cbak.com.cn Phone8641139185985Fax86-411-3918-5980Employees1,456Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$0.09 Trailing P/E Ratio14.11 Forward P/E Ratio63.50 P/E GrowthN/ANet Income$-2,450,000.00 Net Margins4.62% Pretax Margin3.25% Return on Equity8.71% Return on Assets3.69% Debt Debt-to-Equity RatioN/A Current Ratio0.83 Quick Ratio0.59 Sales & Book Value Annual Sales$220.86 million Price / Sales0.52 Cash Flow$0.09 per share Price / Cash Flow13.61 Book Value$1.35 per share Price / Book0.94Miscellaneous Outstanding Shares89,939,000Free Float78,346,000Market Cap$114.22 million OptionableOptionable Beta1.82 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Yunfei Li (Age 56)Chairman, President & CEO Comp: $117.66kMr. 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: $25.56kMr. Guosheng Wang (Age 52)Consultant Mr. Xiujun TianDeputy GM & General EngineerKey CompetitorsElectrovayaNASDAQ:ELVADragonfly EnergyNASDAQ:DFLIESS TechNYSE:GWHFlux PowerNASDAQ:FLUXUltralifeNASDAQ:ULBIView All CompetitorsInstitutional OwnershipEmpowered Funds LLCBought 20,650 shares on 5/7/2024Ownership: 0.304%View All Institutional Transactions CBAT Stock Analysis - Frequently Asked Questions How have CBAT shares performed in 2024? CBAK Energy Technology's stock was trading at $1.05 on January 1st, 2024. Since then, CBAT shares have increased by 21.0% and is now trading at $1.27. View the best growth stocks for 2024 here. When is CBAK Energy Technology's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024. View our CBAT earnings forecast. How were CBAK Energy Technology's earnings last quarter? CBAK Energy Technology, Inc. (NASDAQ:CBAT) released its earnings results on Friday, March, 15th. The electronics maker reported ($0.06) earnings per share for the quarter. The electronics maker had revenue of $56.18 million for the quarter, compared to analyst estimates of $58.86 million. CBAK Energy Technology had a trailing twelve-month return on equity of 8.71% and a net margin of 4.62%. 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 Gevo (GEVO), Nokia Oyj (NOK), Advanced Micro Devices (AMD), Sorrento Therapeutics (SRNE), Biocept (BIOC), Clean Energy Fuels (CLNE), Kandi Technologies Group (KNDI), OPKO Health (OPK), Pfizer (PFE) and Who are CBAK Energy Technology's major shareholders? CBAK Energy Technology's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Empowered Funds LLC (0.30%) and Concourse Financial Group Securities Inc. (0.00%). View institutional ownership trends. 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. This page (NASDAQ:CBAT) was last updated on 5/19/2024 by MarketBeat.com Staff From Our PartnersCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingDems have chosen Biden replacement?Paradigm PressShocking $16T Elon Musk Crypto LeakCrypto 101 Media[URGENT] DO NOT Touch These AI Stocks!Weiss RatingsForget Bitcoin: This $8 Stock Is the Next Big ThingBehind the MarketsBuy this small stock before coming AI Tidal WaveChaikin AnalyticsExposed: 10 CENT Crypto to Explode May 20th?True Market Insiders41 banks launch ‘crypto dollar’Stansberry Research Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding CBAK Energy Technology, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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