Clean Energy Technologies (NASDAQ:CETY) Stock Rating Upgraded by Wall Street Zen

Clean Energy Technologies (NASDAQ:CETY) was upgraded by stock analysts at Wall Street Zen to a “sell” rating in a research report issued to clients and investors on Saturday.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Clean Energy Technologies in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Clean Energy Technologies Trading Down 9.8%

Shares of CETY opened at $1.10 on Friday. The stock has a market capitalization of $5.87 million, a price-to-earnings ratio of -0.90 and a beta of -1.04. Clean Energy Technologies has a 12 month low of $1.05 and a 12 month high of $11.20. The firm has a fifty day simple moving average of $2.04 and a 200 day simple moving average of $3.23.

Clean Energy Technologies (NASDAQ:CETY) last issued its quarterly earnings results on Wednesday, November 19th. The company reported ($0.47) EPS for the quarter. Clean Energy Technologies had a negative return on equity of 84.63% and a negative net margin of 192.29%.The business had revenue of $0.77 million for the quarter.

About Clean Energy Technologies

Clean Energy Technologies, Inc designs, produces, and markets clean energy products and integrated solutions that focuses on energy efficiency and renewable energy in the United States. It operates through four segments: Clean Energy HRS and CETY Europe, CETY Renewables Waste to Energy Solutions, engineering and Manufacturing Business, and CETY HK.