Streetbeat News

CENN

Cenntro Electric Group Limited

https://www.cenntroauto.com

Industry

Auto - Manufacturers

Cenntro Electric Group Limited designs and manufactures electric light and medium-duty commercial vehicles in Europe, North America, and Asia. It serves corporate and governmental organizations. The company was formerly known as Naked Brand Group Limited and changed its name to Cenntro Electric Group Limited in December 2021. The company was founded in 2013 and is headquartered in Freehold, New Jersey.

Open

1.30

Mkt cap

42M

Volume

220K

High

1.40

P/E Ratio

-0.88

52-wk high

25.99

Low

1.29

Div yield

N/A

52-wk low

1.00

Cenntro Inc. has introduced the Logistar 450, a new electric commercial vehicle model, for the U.S. and global markets. The LS450 has received CARB certification in California and a Certificate of Conformity from the U.S. EPA.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 12:43 pm

Cenntro Electric Group Ltd. (CENN) reported its Q2 earnings per share (EPS) of $(0.30), an improvement from $(0.46) year-over-year (YoY). The company's revenue increased to $8.32 million from $4.24 million YoY.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:37 pm

Shares of companies within the broader consumer discretionary sector are trading lower amid overall market weakness following weak US data.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:28 pm

Cenntro Electric Group Limited has received an Executive Order from the California Air Resources Board and a Certificate of Conformity from the EPA for its Logistar 300 model. This approval allows the vehicle to be sold and operated in California and other states that follow CARB standards.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 12:33 pm

Cenntro Electric Group Limited (CENN) has been added to the Russell Microcap Index, which could increase its visibility and attract more investors.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 12:40 pm

Cenntro Inc. (NASDAQ:CENN) has delivered over twenty US-assembled Class 4 Logistar 400 electric vehicles to customers and dealers in May 2024.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 12:34 pm

The article highlights the pre-market movements of several consumer discretionary stocks on Monday. Notable gainers include Faraday Future, Deckers Outdoor, Cenntro, China Liberal Education, China Automotive Systems, and Ross Stores. On the losing side, Barnes & Noble Education, SRIVARU Holding, Forza X1, Forward Industries, Twin Vee PowerCats, and Jeffs Brands saw declines.

Portfolio Pulse from Benzinga Insights

May 27, 2024 | 12:06 pm

In Monday's after-market session, 12 consumer discretionary stocks saw significant movements. LL Flooring Holdings, Zapp Electric Vehicles, Visionary Holdings, Golden Heaven Group Holdings, Qurate Retail, and Nerdy were among the gainers, with LL Flooring leading by a 25.8% increase. On the downside, Coursera, Lixiang Education Holding, J-Long Group, Golden Sun Health, Chegg, and Cenntro experienced declines, with Coursera dropping 16.7% following its Q1 earnings report.

Portfolio Pulse from Benzinga Insights

April 29, 2024 | 8:31 pm

In Friday's after-market session, several consumer discretionary stocks showed notable movements. Gainers included Secoo Holding, Nerdy, Newegg Commerce, Cenntro, Selina Hospitality, and Kaival Brands Innovations with increases ranging from 2.99% to 9.5%. On the downside, Lixiang Education Hldg, Fitell, SRM Entertainment, Connexa Sports Techs, SRIVARU Holding, and Color Star Tech experienced declines between 2.43% and 5.3%.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 8:31 pm

Shares of consumer discretionary sector companies are down due to market weakness and uncertainty about interest rate cuts.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 7:21 pm

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