Stock Price Prediction

CJET stock currently trades at $3.27, reflecting a bearish sentiment due to Nasdaq deficiency notices for failing to meet minimum market value requirements. Bulls might argue that the issuance of share purchase warrants could improve liquidity and attract non-U.S. investors, potentially stabilizing the stock. However, with a year-to-date decline of 11.89% and a market cap of $10.71M, the stock remains speculative.

CJET stock is bearish due to its failure to meet Nasdaq listing requirements, with its market value dropping below $50M and publicly held shares below $15M, leading to a premarket price decline of 6.57% to $3.27. Additionally, the issuance of share purchase warrants to improve liquidity has not reversed its year-to-date decline of 11.89%, reflecting weak investor confidence. The stock's low market cap of $10.71M and ongoing challenges suggest further downside risk.