CDT Environmental Technology Investment Holdings Ltd (NASDAQ:CDTG) price closed higher on Tuesday, December 24, and jumping 0.48% above its previous close.
A look at the daily price movement shows that the last close reads $4.13, with intraday deals fluctuated between $3.62 and $4.18. The company’s P/E ratio in the trailing 12-month period read 42.93. Taking into account the 52-week price action we note that the stock hit a 52-week high of $4.60 and 52-week low of $2.12. The stock added 30.00% on its value in the past month.
CDT Environmental Technology Investment Holdings Ltd, which has a market valuation of $44.51 million, is expected to release its quarterly earnings report in January.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.
The overview shows that CDTG’s price is at present 17.33% off the SMA20 and 29.80% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 70.34, with weekly volatility standing at 7.12%. The indicator jumps to 11.12% when calculated based on the past 30 days. CDT Environmental Technology Investment Holdings Ltd (NASDAQ:CDTG)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 0.36.
An analysis of the CDT Environmental Technology Investment Holdings Ltd (NASDAQ:CDTG) stock in terms of its daily trading volume indicates that the 3-month average is 108.73K. However, this figure increases on the past 10-day timeline to an average of 0.37 million.
Current records show that the company has 10.70M in outstanding shares. The insiders’ percentage holdings are 69.22% of outstanding shares while the percentage share held by institutions stands at 0.02%. The stats also highlight that short interest as of 2024-11-29, stood at 4374.0 shares, which puts the short ratio at the time at 0.07. From this we can glean that short interest is 7.00 of company’s current outstanding shares. Notably, we see that shares short in November rose slightly given the previous month’s figure stood at 2158.0. But the 26.06% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
