Clean Energy Technologies (NASDAQ:CETY) Shares Up 1% – What’s Next?

Clean Energy Technologies, Inc. (NASDAQ:CETY) shares shot up 1% on Tuesday . The company traded as high as $1.00 and last traded at $1.00. 22,350 shares were traded during trading, a decline of 12% from the average session volume of 25,480 shares. The stock had previously closed at $0.9899.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Clean Energy Technologies in a report on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

Clean Energy Technologies Price Performance

The stock’s 50 day simple moving average is $0.90 and its two-hundred day simple moving average is $0.84. The company has a market capitalization of $12.17 million, a P/E ratio of -0.83 and a beta of -1.51.

Clean Energy Technologies (NASDAQ:CETY) last posted its earnings results on Wednesday, August 19th. The company reported ($0.09) earnings per share (EPS) for the quarter. The company had revenue of $0.37 million for the quarter. Clean Energy Technologies had a negative return on equity of 80.91% and a negative net margin of 262.61%.

Clean Energy Technologies Company Profile

Clean Energy Technologies, Inc (NASDAQ: CETY) is an energy technology company focused on the design, development and operation of renewable natural gas (RNG) systems. By deploying anaerobic digestion solutions, the company captures methane emissions from agricultural and organic waste streams and upgrades it into pipeline-quality RNG. This process not only reduces greenhouse gas emissions but also provides a sustainable energy alternative that can be used in utility gas grids, heavy-duty transportation and industrial applications.

The company offers a turnkey service model that spans project feasibility, engineering, equipment supply, construction management, financing and ongoing operations and maintenance.