China New Energy Limited (LON:CNEL) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $1.63 and traded as low as $2.53. China New Energy shares last traded at $2.60, with a volume of 189,170 shares.

The business has a 50 day moving average price of GBX 1.66 and a two-hundred day moving average price of GBX 1.29. The stock has a market cap of $11.56 million and a PE ratio of 2.89. The company has a debt-to-equity ratio of 9.21, a quick ratio of 1.13 and a current ratio of 1.24.

About China New Energy (LON:CNEL)

China New Energy Limited, an investment holding company, engages in the provision of bioenergy technology solutions in the People's Republic of China, Thailand, Taiwan, Indonesia, Romania, Russia, Canada, Myanmar, and Cambodia. The company offers equipment, procurement, and construction services, as well as value added services.

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