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Cenntro Electric Group ( (CENN) ) has issued an update.
On May 31, 2025, Cenntro Electric Group announced the resignation of Mr. Jiawei “Joe” Tong from the board of directors and various committees, with no disagreements cited. The board appointed Mr. Guangguang “Steve” Qin as an independent director to fill the vacancy, bringing over 30 years of investment management experience in finance, technology, and healthcare sectors.
Spark’s Take on CENN Stock
According to Spark, TipRanks’ AI Analyst, CENN is a Neutral.
Cenntro Electric Group’s overall stock score is primarily influenced by its financial performance challenges, particularly ongoing profitability and cash flow issues. The technical analysis suggests some potential for price correction, but valuation remains a concern due to negative earnings. The absence of earnings call and corporate events data limits further insights into future prospects.
To see Spark’s full report on CENN stock, click here.
More about Cenntro Electric Group
Average Trading Volume: 141,347
Technical Sentiment Signal: Sell
Current Market Cap: $26.57M
Learn more about CENN stock on TipRanks’ Stock Analysis page.