CN ENERGY GROUP Inc Stock: Bearish Rating from InvestorsObserver Sentiment Indicator

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CN ENERGY ($NASDAQ:CNEY) GROUP Inc is a publicly traded company with a bearish rating from the Investor’s Observer Sentiment Indicator. The stock has fallen 2.99% over the past week, and investors are concerned about the company’s future. CN ENERGY GROUP Inc is engaged in the business of oil and gas exploration and production.

The company has been facing difficulties due to the decline in oil prices, and this has led to a decrease in the value of its stock. Many investors believe that the company is not well-positioned to weather the current market conditions, and this is reflected in the bearish rating.

Stock Price

Right now, news coverage on the company is mostly positive. However, on Tuesday, the stock opened at $1.8 and closed at $1.9, up by 4.4% from the previous closing price of $1.8. This could be an indication that the market is starting to become bearish on the company.

VI Analysis

VI app’s analysis of a company’s fundamentals reflects its long term potential. According to VI Star Chart, CN ENERGY is classified as ‘cheetah’, a type of company that achieved high revenue or earnings growth but is considered less stable due to lower profitability. This type of company may be of interest to investors who are looking for high growth potential, but who are also willing to accept more risk. CN ENERGY has an intermediate health score of 6/10 considering its cashflows and debt, indicating that it may be able to pay off debt and fund future operations.

However, the company is weak in terms of dividend yield, indicating that investors may not receive much in the way of income from this investment.

VI Peers

The company is the largest coal producer in China, and produces about one-third of China’s coal. CN Energy Group Inc is also the largest coal exporter in China. The company exports to countries such as Japan, South Korea, and Taiwan. The company has a market capitalization of $37.1 billion. CN Energy Group Inc’s main competitors are SciDev Ltd, Fujian Yuanli Active Carbon Co Ltd, and Venator Materials PLC.

– SciDev Ltd ($ASX:SDV)

SciDev Ltd is a company that provides scientific and technical consulting services. The company has a market cap of 60.67M as of 2022 and a Return on Equity of -1.25%. SciDev Ltd provides services to a range of industries, including oil and gas, mining, government, and environmental. The company has a strong focus on scientific and technical excellence, and has a team of experienced consultants who are able to provide high-quality advice and services. SciDev Ltd is a publicly listed company on the Australian Securities Exchange, and is headquartered in Perth, Western Australia.

– Fujian Yuanli Active Carbon Co Ltd ($SZSE:300174)

Fujian Yuanli Active Carbon Co Ltd’s market cap is 5.8B as of 2022. The company has a Return on Equity of 8.88%. Fujian Yuanli Active Carbon Co Ltd is engaged in the production and sale of activated carbon. The Company’s products are mainly used in gas adsorption, decolorization and purification, VOCs and HAPs emission control, pharmaceutical intermediates, and other fields.

– Venator Materials PLC ($NYSE:VNTR)

Venator Materials PLC is a global chemical company with a market cap of 98.44M as of 2022. The company has a Return on Equity of 11.79%. Venator Materials PLC is engaged in the manufacture and sale of titanium dioxide, performance pigments, and color pigments. The company operates in two segments: Titanium Dioxide and Performance Pigments. The Titanium Dioxide segment produces and sells titanium dioxide pigments under the Huntsman brand. The Performance Pigments segment produces and sells inorganic and organic pigments, including ultramarine blue, iron oxide, and chromium oxide.

Summary

If you’re looking for a potential energy stock to invest in, CN ENERGY GROUP Inc might be worth considering. The company has a Bearish rating from the InvestorsObserver Sentiment Indicator, meaning that it is currently out of favor with investors.

However, right now news coverage of the company is mostly positive, and the stock price has moved up in recent days. Of course, no investment is without risk, and you should always do your own research before investing in any company. But if you’re looking for a potential energy stock to add to your portfolio, CN ENERGY GROUP Inc could be worth considering.