Cyber Enviro-Tech, Inc. (CETI) Sep 2024 Earnings Report

Cyber Enviro-Tech Inc.: Investment Report

Overview

Cyber Enviro-Tech Inc. (CETI) is a water science technology company that has been gaining traction in the utilities sector, particularly in the regulated water industry. With its focus on designing water purification solutions for commercial applications and industries, CETI has the potential to capitalize on the growing demand for sustainable water management practices. As the company continues to deploy its innovative oil remediation technologies, we believe it is essential for investors to stay informed about its growth prospects and potential risks.

Core Metrics

  • Current price: $0.1913 USD
  • 52-week high: $0.81
  • 52-week low: $0.12
  • Market Cap: $16.73 million USD
  • P/E Ratio: N/A
  • Earnings per Share: -$0.05
  • 50-day average: $0.2222586
  • 200-day average: $0.2704672
  • Analyst Recommendations: None

Financial Performance

CETI's financial performance has been a concern, with the company reporting negative earnings per share and free cash flow. However, the recent deployment of its oil remediation technologies and the acquisition of a Salt Water Disposal (SWD) facility in southern Oklahoma could be a positive step towards improving its financials.

Growth Prospects

The demand for sustainable water management practices is expected to drive growth in the regulated water industry. CETI's innovative technologies and solutions could position the company for significant growth in the coming years. Additionally, the acquisition of the SWD facility could provide a new revenue stream for the company.

News and Updates

Recently, CETI announced the deployment of its oil remediation technologies, which could drive revenue growth. The company has also acquired a Salt Water Disposal (SWD) facility in southern Oklahoma, which could provide additional revenue opportunities. However, there have been no recent analyst upgrades or downgrades.

Upgrades and Downgrades

There have been no recent analyst upgrades or downgrades for CETI.

Summary

Cyber Enviro-Tech Inc. is a water science technology company with a strong focus on sustainable water management practices. While the company's financial performance has been a concern, recent developments could be a positive step towards improving its financials. We recommend investors keep a close eye on CETI's growth prospects and potential risks.

Disclosures

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