Is Concord New Energy Group stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Concord New Energy Group pays dividends. Last time was Wednesday 3rd of July 2024 where the investors holding the stock on Wednesday 12th of June 2024 were paid $0.00448035 per share. Over the last 10 times between 2015 and 2024, Concord New Energy Group has paid $0.02697138 with an average of $0 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Concord New Energy Group 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $0.0500, you would have made a profit of $0.0200 per share or 40.00%
No, the average daily trading liquidity for Concord New Energy Group is $343 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Concord New Energy Group has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. With a low cash flow to debt ratio of 0.01, the company's ability to pay off the debt is limited. Concord New Energy Group has a very good net profit margin of 31.87% and should have very high tolerances against inflation.
We have calculated the inflation risk for Concord New Energy Group to be medium [0.6 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.