The trading price of CDT Environmental Technology Investment Holdings Ltd (NASDAQ:CDTG) closed higher on Monday, December 30, and closing at $4.36, 2.35% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $3.775 and $4.38. The company’s P/E ratio in the trailing 12-month period was 48.28. In examining the 52-week price action we see that the stock hit a 52-week high of $4.60 and a 52-week low of $2.12. Over the past month, the stock has gained 36.25% in value.
CDT Environmental Technology Investment Holdings Ltd, whose market valuation is $46.65 million at the time of this writing, is expected to release its quarterly earnings report in January. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.
A quick review shows that CDTG’s price is currently 17.47% off the SMA20 and 33.48% off the SMA50. The RSI metric on the 14-day chart is currently showing 74.04, and weekly volatility stands at 10.30%. When measured over the past 30 days, the indicator reaches 10.27%. CDT Environmental Technology Investment Holdings Ltd (NASDAQ:CDTG)’s beta value is currently sitting at 0, while the Average True Range indicator is currently displaying 0.37.
To see how CDT Environmental Technology Investment Holdings Ltd stock has been performing in comparison to its peers in the industry, here are the numbers: CDTG stock’s performance was 2.35% in the latest trading. CDT Environmental Technology Investment Holdings Ltd has a P/E ratio of 48.28.
An evaluation of the daily trading volume of CDT Environmental Technology Investment Holdings Ltd (NASDAQ:CDTG) indicates that the 3-month average is 125.15K. However, this figure has increased over the past 10 days to an average of 0.43.
Currently, records show that 10.82 million of the company’s shares remain outstanding. The insiders hold 69.22% of outstanding shares, whereas institutions hold 0.02%. The stats also highlight that short interest as of 2024-12-13, stood at 4422.0 shares, resulting in a short ratio of 0.04 at that time. From this, we can conclude that short interest is 7.00 of the company’s total outstanding shares. It is noteworthy that short shares in December were up slightly from the previous month’s figure, which was 3231.0. However, since the stock’s price has seen 32.12% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
