Is CDT Environmental Technology Investment Holdings Ltd (CDTG) Stock a Good Buy for Short-term Investors?

At the time of writing, CDT Environmental Technology Investment Holdings Ltd [CDTG] stock is trading at $2.09, up 2.45%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CDTG shares have gain 9.42% over the last week, with a monthly amount glided 50.36%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

For the past year, the stock price of CDT Environmental Technology Investment Holdings Ltd fluctuated between $1.16 and $4.64. CDT Environmental Technology Investment Holdings Ltd [NASDAQ: CDTG] shares were valued at $2.09 at the most recent close of the market.

Analyzing the CDTG fundamentals

According to CDT Environmental Technology Investment Holdings Ltd [NASDAQ:CDTG], the company’s sales were 4.35M for trailing twelve months, which represents an -21.20% plunge. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.2 and Total Capital is 0.22. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.15.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.96 points at the first support level, and at 1.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.17, and for the 2nd resistance point, it is at 2.24.

Ratios To Look Out For

It is important to note that CDT Environmental Technology Investment Holdings Ltd [NASDAQ:CDTG] has a current ratio of 1.73. As well, the Quick Ratio is 1.73, while the Cash Ratio is 0.0. Considering the valuation of this stock, the price to sales ratio is 5.14, the price to book ratio is 4.40 and price to earnings (TTM) ratio is 23.15.

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