How to buy CBAK Energy Technology stock | $2.24

CBAK Energy Technology Inc is an electrical equipment & parts business based in the US. CBAK Energy Technology shares (CBAT) are listed on the NASDAQ and all prices are listed in US Dollars. CBAK Energy Technology employs 537 staff and has a trailing 12-month revenue of around 0.00.

CBAK Energy Technology stock price (NASDAQ: CBAT)

Use our graph to track the performance of CBAT stocks over time.

CBAK Energy Technology shares at a glance

• Key figures

Information last updated 2021-10-17.

Latest market close	$2.24
52-week range	$2.12 - $10.49
50-day moving average	$2.58
200-day moving average	$3.77
Wall St. target price	$2.00
PE ratio	6.1219
Dividend yield	N/A (0%)
Earnings per share (TTM)	$0.36

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Is it a good time to buy CBAK Energy Technology stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

CBAK Energy Technology price performance over time

Historical closes compared with the close of $2.24 from 2021-10-19

1 week (2021-10-13)	-2.61%
1 month (2021-09-20)	-10.40%
3 months (2021-07-20)	-43.86%
6 months (2021-04-20)	-46.28%

1 year (2020-10-20)	-21.95%
2 years (2019-10-18)	318.69%
3 years (2018-10-19)	187.14%
5 years (2016-10-20)	12.00%

Is CBAK Energy Technology under- or over-valued?

Valuing CBAK Energy Technology stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of CBAK Energy Technology's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

CBAK Energy Technology's P/E ratio

CBAK Energy Technology's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, CBAK Energy Technology shares trade at around 6x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

CBAK Energy Technology's EBITDA

CBAK Energy Technology's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $462,325.

The EBITDA is a measure of a CBAK Energy Technology's overall financial performance and is widely used to measure a its profitability.

CBAK Energy Technology financials

Revenue TTM	$41.3 million
Gross profit TTM	$2.7 million
Return on assets TTM	-1.76%
Return on equity TTM	47.94%
Profit margin	67.87%
Book value	$1.15
Market capitalisation	$195.4 million

TTM: trailing 12 months

Shorting CBAK Energy Technology shares

There are currently 2.6 million CBAK Energy Technology shares held short by investors – that's known as CBAK Energy Technology's "short interest". This figure is 0.5% down from 2.7 million last month.

There are a few different ways that this level of interest in shorting CBAK Energy Technology shares can be evaluated.

CBAK Energy Technology's "short interest ratio" (SIR)

CBAK Energy Technology's "short interest ratio" (SIR) is the quantity of CBAK Energy Technology shares currently shorted divided by the average quantity of CBAK Energy Technology shares traded daily (recently around 1.3 million). CBAK Energy Technology's SIR currently stands at 2.11. In other words for every 100,000 CBAK Energy Technology shares traded daily on the market, roughly 2110 shares are currently held short.

However CBAK Energy Technology's short interest can also be evaluated against the total number of CBAK Energy Technology shares, or, against the total number of tradable CBAK Energy Technology shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case CBAK Energy Technology's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 CBAK Energy Technology shares in existence, roughly 30 shares are currently held short) or 0.0494% of the tradable shares (for every 100,000 tradable CBAK Energy Technology shares, roughly 49 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against CBAK Energy Technology.

Find out more about how you can short CBAK Energy Technology stock.

CBAK Energy Technology share dividends

We're not expecting CBAK Energy Technology to pay a dividend over the next 12 months.

Have CBAK Energy Technology's shares ever split?

CBAK Energy Technology's shares were split on a 1:5 basis on 25 October 2012. So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your CBAK Energy Technology shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for CBAK Energy Technology shares which in turn could have impacted CBAK Energy Technology's share price.

CBAK Energy Technology share price volatility

Over the last 12 months, CBAK Energy Technology's shares have ranged in value from as little as $2.12 up to $10.49. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while CBAK Energy Technology's is 3.3534. This would suggest that CBAK Energy Technology's shares are significantly more volatile than the average for this exchange and represent a higher risk.

CBAK Energy Technology overview

CBAK Energy Technology, Inc. , together with its subsidiaries, develops, manufactures, and sells lithium batteries in Mainland China, the United States, Israel, and internationally. Its products are used in various applications, including electric vehicles, such as electric cars, electric buses, and hybrid electric cars and buses; light electric vehicles that include electric bicycles, electric motors, and sight-seeing cars; and electric tools, energy storage, uninterruptible power supply, and other high power applications, as well as cordless power tools. The company was formerly known as China BAK Battery, Inc. and changed its name to CBAK Energy Technology, Inc. in January 2017. CBAK Energy Technology, Inc.

Frequently asked questions

What percentage of CBAK Energy Technology is owned by insiders or institutions?
Currently 39.684% of CBAK Energy Technology shares are held by insiders and 5.792% by institutions. How many people work for CBAK Energy Technology?
Latest data suggests 537 work at CBAK Energy Technology. When does the fiscal year end for CBAK Energy Technology?
CBAK Energy Technology's fiscal year ends in December. Where is CBAK Energy Technology based?
CBAK Energy Technology's address is: CBAK Industrial Park, Dalian, China, 116450 What is CBAK Energy Technology's ISIN number?
CBAK Energy Technology's international securities identification number is: US14986C1027 What is CBAK Energy Technology's CUSIP number?
CBAK Energy Technology's Committee on Uniform Securities Identification Procedures number is: 14986C102