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Ningbo Ronbay New Energy Technology Co., Ltd is currently in a long term uptrend where the price is trading 129.5% above its 200 day moving average.
From a valuation standpoint, the stock is 6.7% cheaper than other stocks from the Technology sector with a price to sales ratio of 7.5.
Ningbo Ronbay New Energy Technology Co., Ltd's total revenue rose by 2.0% to $1B since the same quarter in the previous year.
Its net income has increased by 182.5% to $59M since the same quarter in the previous year.
Finally, its free cash flow fell by 103.1% to $-2M since the same quarter in the previous year.
Based on the above factors, Ningbo Ronbay New Energy Technology Co., Ltd gets an overall score of 4/5.
| Industry | Electronic Components |
|---|---|
| ISIN | CNE100003MS6 |
| CurrencyCode | CNY |
| Exchange | SHG |
| Sector | Technology |
| Market Cap | 33B |
|---|---|
| Beta | 0.8 |
| Dividend Yield | 0.3% |
| Target Price | 91.21 |
| PE Ratio | 24.93 |
Ningbo Ronbay New Energy Technology Co., Ltd. engages in the research and development, manufacture, and sale of lithium battery cathode materials in China and internationally. The company was founded in 2014 and is based in Yuyao, China.
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