CBAK Energy Technology (NASDAQ:CBAT – Get Free Report) announced its earnings results on Monday. The electronics maker reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.06), Zacks reports. CBAK Energy Technology had a net margin of 6.25% and a return on equity of 10.55%.
CBAK Energy Technology Trading Down 0.2 %
NASDAQ CBAT opened at $0.85 on Monday. CBAK Energy Technology has a 1 year low of $0.77 and a 1 year high of $2.08. The firm’s 50 day simple moving average is $0.89 and its 200 day simple moving average is $0.96. The firm has a market capitalization of $76.45 million, a price-to-earnings ratio of 7.08 and a beta of 1.59.
About CBAK Energy Technology
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