CN Energy Group. Inc. (NASDAQ:CNEY – Get Free Report) traded up 1.9% on Friday . The stock traded as high as $0.7779 and last traded at $0.6816. 1,185,074 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 5,686,930 shares. The stock had previously closed at $0.6688.
Analyst Ratings Changes
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of CN Energy Group. in a report on Monday, April 20th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.
Check Out Our Latest Stock Analysis on CN Energy Group.
CN Energy Group. Stock Up 1.9%
Institutional Trading of CN Energy Group.
An institutional investor recently bought a new stake in CN Energy Group. stock. Renaissance Technologies LLC bought a new stake in CN Energy Group. Inc. (NASDAQ:CNEY – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 74,391 shares of the company’s stock, valued at approximately $30,000. Renaissance Technologies LLC owned approximately 1.32% of CN Energy Group. as of its most recent filing with the Securities and Exchange Commission (SEC). 7.64% of the stock is currently owned by hedge funds and other institutional investors.
CN Energy Group. Company Profile
CN Energy Group. Inc, through its subsidiaries, engages in the manufacture and supply of wood-based activated carbon primarily in China. The company’s activated carbon is used in pharmaceutical manufacturing, industrial manufacturing, water purification, environmental protection, and food and beverage production. It also engages in the generation and supply of biomass electricity; production of steam for heating; sale of minerals, stone, metal materials, construction materials, wood, chemical materials and products, rubber products, and paper products; management and conversion of forest and natural ecosystem; and forest acquisition, rights transfer, and nurturing, and timber harvesting and processing activities.
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