Clean Energy Technologies (NASDAQ:CETY) Stock Price Up 5.1% – What’s Next?

Clean Energy Technologies, Inc. (NASDAQ:CETYGet Free Report) shares rose 5.1% on Monday . The company traded as high as $0.9898 and last traded at $0.9239. 21,215 shares traded hands during trading, a decline of 52% from the average daily volume of 44,012 shares. The stock had previously closed at $0.8792.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Clean Energy Technologies in a research note on Friday. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Clean Energy Technologies currently has an average rating of “Sell”.

View Our Latest Research Report on CETY

Clean Energy Technologies Stock Performance

The stock has a market cap of $11.24 million, a PE ratio of -0.61 and a beta of -1.52. The company’s 50-day moving average price is $0.82 and its 200 day moving average price is $0.81.

Institutional Trading of Clean Energy Technologies

A hedge fund recently bought a new position in Clean Energy Technologies stock. SG Americas Securities LLC purchased a new position in Clean Energy Technologies, Inc. (NASDAQ:CETYFree Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 44,633 shares of the company’s stock, valued at approximately $32,000. SG Americas Securities LLC owned 0.84% of Clean Energy Technologies at the end of the most recent quarter. 0.49% of the stock is owned by institutional investors and hedge funds.

About Clean Energy Technologies

(Get Free Report)

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.

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