Clean Energy Technologies (NASDAQ:CETY) Shares Up 0.5% – Should You Buy?

Clean Energy Technologies, Inc. (NASDAQ:CETY) was up 0.5% during mid-day trading on Wednesday . The stock traded as high as $0.7790 and last traded at $0.7670. Approximately 35,450 shares were traded during trading, a decline of 55% from the average daily volume of 78,970 shares. The stock had previously closed at $0.7630.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Clean Energy Technologies in a research report on Monday, April 20th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Clean Energy Technologies presently has an average rating of “Sell”.

Clean Energy Technologies Stock Performance

The company has a market capitalization of $4.10 million, a PE ratio of -0.63 and a beta of -1.49. The business’s 50-day moving average is $0.81 and its 200-day moving average is $0.87.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Clean Energy Technologies stock. SG Americas Securities LLC acquired a new stake in shares of Clean Energy Technologies, Inc. (NASDAQ:CETY) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 44,633 shares of the company’s stock, valued at approximately $32,000. SG Americas Securities LLC owned approximately 0.84% of Clean Energy Technologies as of its most recent SEC filing. 0.49% of the stock is owned by hedge funds and other institutional investors.

Clean Energy Technologies Company Profile

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.