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Do Traders Think Cenntro Electric Group Ltd (CENN) Can Turn Around Thursday?

Thursday, August 18, 2022 10:51 AM | InvestorsObserver Analysts
Do Traders Think Cenntro Electric Group Ltd (CENN) Can Turn Around Thursday?

Cenntro Electric Group Ltd (CENN) stock is unmoved 0.00% over the past week and gets a Neutral rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,neutral
Cenntro Electric Group Ltd has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on CENN!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With CENN Stock Today?

Cenntro Electric Group Ltd (CENN) stock has fallen -4.41% while the S&P 500 has risen 0.06% as of 10:42 AM on Thursday, Aug 18. CENN is down -$0.07 from the previous closing price of $1.59 on volume of 850,706 shares. Over the past year the S&P 500 is down -3.86% while CENN is down -79.92%. CENN lost -$0.09 per share in the over the last 12 months. To screen for more stocks like Cenntro Electric Group Ltd click here.

More About Cenntro Electric Group Ltd

Cenntro Electric Group Ltd is a commercial electric vehicle technology company with advanced, market-validated electric commercial vehicles. It plans to lead transformation in the auto industry through scalable, decentralized production and fully digitalized autonomous driving solutions. Its vehicles include Metro, Logistar 400, Logistar 200, Neibor 200, and ORV. The company's geographical segments include Europe, America, Asia, and Oceania. Click Here to get the full Stock Report for Cenntro Electric Group Ltd stock.

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