Cenntro (NASDAQ:CENN) Releases Quarterly Earnings Results

Cenntro (NASDAQ:CENN) posted its quarterly earnings results on Tuesday. The company reported ($0.29) EPS for the quarter, reports. Cenntro had a negative return on equity of 37.17% and a negative net margin of 109.17%. The firm had revenue of $16.73 million during the quarter.

Cenntro Price Performance

Shares of NASDAQ CENN opened at $1.35 on Friday. Cenntro has a 12-month low of $1.00 and a 12-month high of $2.50. The stock’s 50 day simple moving average is $1.22 and its 200 day simple moving average is $1.46.

Cenntro Company Profile

Cenntro Inc engages in the design, development, and manufacture of electric light and medium-duty commercial vehicles in Europe, Asia, and the United States. Its purpose-built electric commercial vehicles are designed to serve various fleet and municipal organizations in support of city services, last-mile delivery, and other commercial applications.