CN Energy Group Inc., a holding company specializing in wood-based activated carbon, faces significant financial challenges and market scrutiny, with its stock price plummeting from a 52-week high of $40 to $2.245 and a P/E ratio of 0.01301 indicati…

CN Energy Group Inc.’s stock price has plummeted 6.8% to $0.125, raising concerns about the company’s financial performance and future prospects in the materials sector.