Clean Energy Technologies (NASDAQ:CETY) Shares Up 1% – Time to Buy?

Clean Energy Technologies, Inc. (NASDAQ:CETYGet Free Report)’s stock price was up 1% during trading on Tuesday . The stock traded as high as $1.00 and last traded at $1.00. Approximately 22,350 shares traded hands during mid-day trading, a decline of 12% from the average daily volume of 25,480 shares. The stock had previously closed at $0.9899.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Clean Energy Technologies in a research report on Friday, July 17th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Get Our Latest Analysis on Clean Energy Technologies

Clean Energy Technologies Trading Down 2.5%

The firm has a fifty day simple moving average of $0.91 and a 200-day simple moving average of $0.84. The stock has a market cap of $11.98 million, a price-to-earnings ratio of -0.83 and a beta of -1.51.

Clean Energy Technologies (NASDAQ:CETYGet Free Report) last issued its quarterly earnings results on Wednesday, August 19th. The company reported ($0.09) earnings per share (EPS) for the quarter. The firm had revenue of $0.37 million for the quarter. Clean Energy Technologies had a negative net margin of 262.61% and a negative return on equity of 80.91%.

Clean Energy Technologies Company Profile

(Get Free Report)

Clean Energy Technologies, Inc (NASDAQ: CETY) is an energy technology company focused on the design, development and operation of renewable natural gas (RNG) systems. By deploying anaerobic digestion solutions, the company captures methane emissions from agricultural and organic waste streams and upgrades it into pipeline-quality RNG. This process not only reduces greenhouse gas emissions but also provides a sustainable energy alternative that can be used in utility gas grids, heavy-duty transportation and industrial applications.

The company offers a turnkey service model that spans project feasibility, engineering, equipment supply, construction management, financing and ongoing operations and maintenance.

Recommended Stories

Receive News & Ratings for Clean Energy Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clean Energy Technologies and related companies with MarketBeat.com's FREE daily email newsletter.