Clean Energy Technologies Inc (NASDAQ:CETY) price on Thursday, June 12, rose 5.58% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.30.
A look at the stock’s price movement, the close in the last trading session was $0.28. Turning to its 52-week performance, $1.54 and $0.25 were the 52-week high and 52-week low respectively. Overall, CETY moved -29.86% over the past month.
Clean Energy Technologies Inc’s market cap currently stands at around $17.33 million, with investors looking forward to this quarter’s earnings report slated for in July.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CETY is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
CETY’s current price about -6.68% and -20.90% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 40.56, while 7-day volatility ratio is 3.27% and 7.34% in the 30-day chart. Further, Clean Energy Technologies Inc (CETY) has a beta value of -0.30, and an average true range (ATR) of 0.03.
If we refocus on Clean Energy Technologies Inc (NASDAQ:CETY), historical trading data shows that trading volumes averaged 457.30K over the past 3 months. The company’s latest data on shares outstanding shows there are 47.48 million shares.
The 57.55% of Clean Energy Technologies Inc’s shares are in the hands of company insiders while institutional holders own 0.69% of the company’s shares. Current price change has pushed the stock -51.87% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CETY stock continues to rise going into the next quarter.
