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Quanergy Systems Inc. (NYSE: QNGY) Stock: Can Value Hunters Buy It?

The trading price of Quanergy Systems Inc. (NYSE:QNGY) closed lower on Tuesday, June 21, closing at $0.40, -2.20% lower than its previous close.

Traders who pay close attention to intraday price movement should know that it fluctuated between $0.3951 and $0.44. The company’s P/E ratio in the trailing 12-month period was 4.12, while its 5Y monthly beta was 1.11. In examining the 52-week price action we see that the stock hit a 52-week high of $10.10 and a 52-week low of $0.39. Over the past month, the stock has lost -64.60% in value.

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Quanergy Systems Inc., whose market valuation is $38.04 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.

A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Quanergy Systems Inc. No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest QNGY has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.

A quick review shows that QNGY’s price is currently -31.65% off the SMA20 and -65.68% off the SMA50. The RSI metric on the 14-day chart is currently showing 22.42, and weekly volatility stands at 16.57%. When measured over the past 30 days, the indicator reaches 24.46%. Quanergy Systems Inc. (NYSE:QNGY)’s beta value is currently sitting at 0, while the Average True Range indicator is currently displaying 0.12.

To see how Quanergy Systems Inc. stock has been performing in comparison to its peers in the industry, here are the numbers: QNGY stock’s performance was -2.20% in the latest trading, and -95.97% in the past year. Quanergy Systems Inc. has a P/E ratio of 4.12. Also in last trading session, the S&P 500 Index has surged 2.45%, while the Dow Jones Industrial also saw a positive session, up 2.15% on the day.

An evaluation of the daily trading volume of Quanergy Systems Inc. (NYSE:QNGY) indicates that the 3-month average is 1.45 million.

Currently, records show that 95.11 million of the company’s shares remain outstanding. The insiders hold 21.80% of outstanding shares, whereas institutions hold 2.90%. However, since the stock’s price has seen -96.00% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

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