CNEY Stock Summary and Trading Ideas (CN Energy Group - Class A | NASDAQ:CNEY)

CN Energy Group Inc along with its subsidiaries is a manufacturer and supplier of wood-based activated carbon that is used in pharmaceutical manufacturing, industrial manufacturing, water purification, environmental protection, and food and beverage production and a producer of biomass electricity generated in the process of producing activated carbon. The firm generates a majority of its revenue from Activated carbon.

CN Energy Group - Class A trades on the NASDAQ stock market under the symbol CNEY.

As of April 29, 2026, CNEY stock price declined to $0.66 with 40,948 million shares trading.

CNEY has a beta of -3.94, meaning it tends to be less sensitive to market movements. CNEY has a correlation of 0.02 to the broad based SPY ETF.

CNEY has a market cap of $5.41 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, CNEY traded as high as $8.04 and as low as $.11.

CNEY has outperformed the market in the last year with a price return of +399.2% while the SPY ETF gained +30.5%. However, in the short term, CNEY had mixed performance relative to the market. It has underperformed in the last 3 months, returning -19.5% vs +2.6% return in SPY. But in the last 2 weeks, CNEY shares have fared better than the market returning +36.2% compared to SPY +2.5%.

CNEY support price is $.60 and resistance is $.76 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CNEY shares will trade within this expected range on the day.