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NASDAQ:CENN

Cenntro (CENN) Stock Price, News & Analysis

$1.72
-0.14 (-7.53%)
(As of 06/14/2024 ET)
Today's Range
$1.71
$1.90
50-Day Range
$1.40
$2.01
52-Week Range
$1.00
$5.00
Volume
160,771 shs
Average Volume
184,507 shs
Market Capitalization
$53.03 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
CENN stock logo

About Cenntro Stock (NASDAQ:CENN)

Cenntro Inc. engages in the design, development, and manufacture of electric light and medium-duty commercial vehicles in Europe, Asia, and the United States. Its purpose-built electric commercial vehicles are designed to serve various fleet and municipal organizations in support of city services, last-mile delivery, and other commercial applications. The company sells its products under the Metro, Logistar, Logimax, Avantier, Teemak, and Antric One names. Cenntro Inc. was founded in 2013 and is headquartered in Freehold, New Jersey.

CENN Stock Price History

CENN Stock News Headlines

Cenntro Inc. (CENN)
CENN Mar 2024 7.500 call
Cenntro Electric to complete U.S. redomiciliation
Cenntro Electric Group Ltd
Cenntro Trumpets Vehicle Deliveries to China
See More Headlines
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Company Calendar

Last Earnings
5/15/2024
Today
6/15/2024
Next Earnings (Estimated)
8/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motor vehicles & car bodies
Sub-Industry
N/A
Current Symbol
NASDAQ:CENN
Fax
N/A
Employees
315
Year Founded
N/A

Profitability

Net Income
$-54,200,000.00
Net Margins
-238.49%
Pretax Margin
-238.62%

Debt

Sales & Book Value

Annual Sales
$22.00 million
Book Value
$4.00 per share

Miscellaneous

Free Float
23,060,000
Market Cap
$53.03 million
Optionable
Optionable
Beta
1.37
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Key Executives

  • Mr. Peter Zuguang Wang (Age 69)
    CEO, MD & Executive Chairman
    Comp: $350k
  • Mr. Tony Wen Tsai (Age 50)
    VP of Corporate Affairs & Company Secretary
    Comp: $250k
  • Mr. Edward Ye (Age 33)
    Corporate Controller & Acting CFO
  • Mr. Wei Zhong (Age 45)
    Chief Technology Officer
    Comp: $420.14k

CENN Stock Analysis - Frequently Asked Questions

How have CENN shares performed in 2024?

Cenntro's stock was trading at $1.44 on January 1st, 2024. Since then, CENN stock has increased by 19.4% and is now trading at $1.72.
View the best growth stocks for 2024 here
.

Are investors shorting Cenntro?

Cenntro saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 876,200 shares, an increase of 15.2% from the May 15th total of 760,800 shares. Based on an average daily trading volume, of 164,700 shares, the short-interest ratio is presently 5.3 days. Approximately 4.0% of the company's shares are short sold.
View Cenntro's Short Interest
.

When is Cenntro's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 21st 2024.
View our CENN earnings forecast
.

How were Cenntro's earnings last quarter?

Cenntro Inc. (NASDAQ:CENN) released its earnings results on Wednesday, May, 15th. The company reported ($0.30) EPS for the quarter. The business had revenue of $3.39 million for the quarter. Cenntro had a negative trailing twelve-month return on equity of 40.89% and a negative net margin of 238.49%.

When did Cenntro's stock split?

Cenntro's stock reverse split on Friday, December 1st 2023. The 1-10 reverse split was announced on Friday, December 1st 2023. The number of shares owned by shareholders was adjusted after the closing bell on Friday, December 1st 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Who are Cenntro's major shareholders?

Cenntro's stock is owned by many different retail and institutional investors. Top institutional investors include Concourse Financial Group Securities Inc. (0.00%).

How do I buy shares of Cenntro?

Shares of CENN 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:CENN) was last updated on 6/16/2024 by MarketBeat.com Staff

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