Clean Energy Technologies (NASDAQ:CETY) Shares Up 10.8% – Still a Buy?

Clean Energy Technologies, Inc. (NASDAQ:CETY) shares shot up 10.8% during trading on Tuesday . The company traded as high as $0.27 and last traded at $0.27. 770,310 shares were traded during mid-day trading, an increase of 171% from the average session volume of 284,692 shares. The stock had previously closed at $0.24.

Clean Energy Technologies Price Performance

The firm has a market cap of $18.28 million, a P/E ratio of -3.33 and a beta of -0.65. The stock has a 50 day moving average of $0.24 and a 200 day moving average of $0.35.

Clean Energy Technologies (NASDAQ:CETY) last released its earnings results on Tuesday, August 19th. The company reported ($0.02) EPS for the quarter. The firm had revenue of $0.24 million during the quarter. Clean Energy Technologies had a negative net margin of 205.68% and a negative return on equity of 83.24%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Clean Energy Technologies stock. Jane Street Group LLC bought a new stake in Clean Energy Technologies, Inc. (NASDAQ:CETY) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 50,100 shares of the company’s stock, valued at approximately $31,000. Jane Street Group LLC owned about 0.11% of Clean Energy Technologies as of its most recent SEC filing. 0.49% of the stock is owned by institutional investors.

Clean Energy Technologies Company Profile

Clean Energy Technologies, Inc designs, produces, and markets clean energy products and integrated solutions that focuses on energy efficiency and renewable energy in the United States. It operates through four segments: Clean Energy HRS and CETY Europe, CETY Renewables Waste to Energy Solutions, engineering and Manufacturing Business, and CETY HK.