CBAT Stock Drops Amid Industry Decline

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Dec 13, 2024

CBAT (CBAT.us) experienced a significant stock drop, falling by 5.25%. The stock is currently priced at $0.843 per share, with a trading volume of 171,164 shares and a turnover rate of 0.19%. The stock's amplitude was 4.49%. Recent financial reports show CBAT's revenue at $44.63 million, a net profit of $17,647, and a gross profit of $6.95 million, with an EPS of $0.00 and a P/E ratio of 7.08. Analysts have not issued buy, hold, or sell recommendations for CBAT.

Within the electrical equipment parts industry, the overall decline was 0.38%. Notable performers included Dragonfly Energy Holdings and Linkers Industries, with high turnover and amplitude rates.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.