CN Energy Group. (NASDAQ:CNEY) Stock Price Down 6.8% – Here’s What Happened

Shares of CN Energy Group. Inc. (NASDAQ:CNEYGet Free Report) dropped 6.8% on Wednesday . The stock traded as low as $0.12 and last traded at $0.12. Approximately 522,304 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 5,008,547 shares. The stock had previously closed at $0.12.

CN Energy Group. Price Performance

The business has a 50 day moving average price of $0.17 and a 200-day moving average price of $0.33.

About CN Energy Group.

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CN Energy Group. Inc, through its subsidiaries, engages in the manufacture and supply of wood-based activated carbon primarily in China. The company’s activated carbon is used in pharmaceutical manufacturing, industrial manufacturing, water purification, environmental protection, and food and beverage production.

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