Clean Energy Technologies (NASDAQ:CETY) Shares Set to Reverse Split on Monday, October 6th

Clean Energy Technologies, Inc. (NASDAQ:CETY) shares are going to reverse split on Monday, October 6th. The 1-15 reverse split was announced on Wednesday, October 1st. The number of shares owned by shareholders will be adjusted after the market closes on Friday, October 3rd.

Clean Energy Technologies Price Performance

Shares of NASDAQ:CETY opened at $0.20 on Thursday. Clean Energy Technologies has a 1-year low of $0.18 and a 1-year high of $1.27. The business has a fifty day moving average price of $0.25 and a 200-day moving average price of $0.32. The company has a market capitalization of $13.68 million, a PE ratio of -2.49 and a beta of -0.71.

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

Institutional Investors Weigh In On Clean Energy Technologies

An institutional investor recently bought a new position in Clean Energy Technologies stock. Jane Street Group LLC acquired a new stake in shares of Clean Energy Technologies, Inc. (NASDAQ:CETY) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 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 at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.49% of the company’s stock.

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.