Cenntro (NASDAQ:CENN) Trading Down 3.8% – What’s Next?

Cenntro Inc. (NASDAQ:CENN) shares were down 3.8% on Monday . The stock traded as low as $3.14 and last traded at $3.2910. 7,529 shares were traded during mid-day trading, a decline of 39% from the average session volume of 12,329 shares. The stock had previously closed at $3.42.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Cenntro in a research report on Friday. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Cenntro Stock Performance

The company has a debt-to-equity ratio of 0.08, a current ratio of 1.69 and a quick ratio of 0.86. The company has a fifty day moving average price of $3.88 and a 200 day moving average price of $5.86. The stock has a market cap of $5.00 million, a P/E ratio of -0.15 and a beta of 1.31.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Cenntro stock. Geode Capital Management LLC increased its holdings in Cenntro Inc. (NASDAQ:CENN) by 250.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,371,391 shares of the company’s stock after acquiring an additional 980,466 shares during the period. Geode Capital Management LLC owned about 1.56% of Cenntro worth $187,000 at the end of the most recent quarter.

Cenntro Company Profile

Cenntro Electric Group, Inc (NASDAQ:CENN) is a manufacturer and distributor of electric commercial vehicles, specializing in purpose-built solutions for urban logistics, passenger transport and industrial applications. The company’s product portfolio is anchored by its CF1 series light‐duty electric truck platform, offering zero‐emission alternatives to traditional internal combustion engines. In addition to its core truck lineup, Cenntro develops electric passenger shuttles, utility vehicles and specialty platforms tailored to customer requirements across multiple sectors.

Beyond vehicle production, Cenntro provides end‐to‐end services including battery management, telematics integration and ongoing fleet support.