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

China New Energy Limited (LON:CNEL) insider Yu Weijun bought 8,079,728 shares of the stock in a transaction on Thursday, March 14th. The shares were acquired at an average cost 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 1.13 ($0.01) 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. The stock has a market cap of $5.00 million and a price-to-earnings ratio of 1.25. China New Energy Limited has a 12 month low of GBX 0.90 ($0.01) and a 12 month high of GBX 2.25 ($0.03).

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China New Energy Company Profile

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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