China New Energy Limited (CNEL) Insider Purchases £80,797.28 in Stock

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China New Energy Limited (LON:CNEL) insider Yu Weijun bought 8,079,728 shares of the company’s stock in a transaction that occurred on Thursday, March 14th. The shares were bought at an average price of GBX 1 ($0.01) per share, with a total value of £80,797.28 ($105,575.96).

Shares of LON:CNEL opened at GBX 1.17 ($0.02) on Friday. The company has a debt-to-equity ratio of 19.78, a current ratio of 1.13 and a quick ratio of 1.08. China New Energy Limited has a fifty-two week low of GBX 0.90 ($0.01) and a fifty-two week high of GBX 2.25 ($0.03). The firm has a market cap of $5.20 million and a P/E ratio of 1.30.

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About China New Energy

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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