Bull
$0.83
Scenario price
$3.030
-0.115 (-3.81%)At close
Cenntro Inc. is a holding company, which conducts operations through its subsidiaries in the United States, Australia, Europe, Mexico, Hong Kong, the Dominican Republic, and in the People’s Republic of China. The Company is engaged in designing and manufacturing purpose-built, electric commercial vehicles (ECVs) used primarily in last mile delivery and industrial applications. Through its distribution partners, it provides robust pre-market and after-sales services, and support for its customers. Its vehicles include Logistar 210, Logistar 250, Logistar 260, Logistar 300, Logistar 400, Logistar 450, AVANTIER, Metro, and TeeMak. The Company's subsidiaries include Cenntro Electric Group Pty Limited, Cenntro Electric Group, Inc., Cenntro Electric Group (Europe) GmbH, Teemak Power Corporation, among others.
Cenntro Inc is not a good buy right now due to its severely negative financial indicators. The current price is $3.03, and the company has a staggering year-to-date change of -66.33%. Additionally, the RSI is at 13.308, indicating it is oversold, but this does not guarantee a price rebound. The company's gross margin is only 6.64%, which is low for sustainable operations, and it has a negative net income of -$10,568,792 in the latest quarter. The main risk is its debt to equity ratio, which has risen to 37.38%, suggesting increasing financial leverage and potential solvency issues.
Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

Cenntro Regains Nasdaq Compliance with Minimum Bid Price

Cenntro Regains Nasdaq Compliance with Stock Price Recovery

Cenntro Inc. Shares Plunge 26% After Announcing 1-for-60 Reverse Split

Cenntro to Execute 1-for-60 Reverse Stock Split

Cenntro Declares 1-for-60 Reverse Stock Split
Cenntro Inc. is a holding company, which conducts operations through its subsidiaries in the United States, Australia, Europe, Mexico, Hong Kong, the Dominican Republic, and in the People’s Republic of China. The Company is engaged in designing and manufacturing purpose-built, electric commercial vehicles (ECVs) used primarily in last mile delivery and industrial applications. Through its distribution partners, it provides robust pre-market and after-sales services, and support for its customers. Its vehicles include Logistar 210, Logistar 250, Logistar 260, Logistar 300, Logistar 400, Logistar 450, AVANTIER, Metro, and TeeMak. The Company's subsidiaries include Cenntro Electric Group Pty Limited, Cenntro Electric Group, Inc., Cenntro Electric Group (Europe) GmbH, Teemak Power Corporation, among others. It operates in the Consumer Cyclicals sector (MOTOR VEHICLES & PASSENGER CAR BODIES industry).
Cenntro Inc is not a good buy right now due to its severely negative financial indicators. The current price is $3.03, and the company has a staggering year-to-date change of -66.33%. Additionally, the RSI is at 13.308, indicating it is oversold, but this does not guarantee a price rebound. The company's gross margin is only 6.64%, which is low for sustainable operations, and it has a negative net income of -$10,568,792 in the latest quarter. The main risk is its debt to equity ratio, which has risen to 37.38%, suggesting increasing financial leverage and potential solvency issues.
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