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The closing price of Cemtrex Inc (NASDAQ: CETX) was $2.64 for the day, down -4.69% from the previous closing price of $2.77. In other words, the price has decreased by -$4.69 from its previous closing price. On the day, 1.22 million shares were traded. CETX stock price reached its highest trading level at $2.74 during the session, while it also had its lowest trading level at $2.54.
Ratios:
Our analysis of CETX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 2.15 whereas as Long-Term Debt/Eq ratio is at 0.66.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CETX now has a Market Capitalization of 22705460 and an Enterprise Value of 31872220. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 0.25. Its current Enterprise Value per Revenue stands at 0.417 whereas that against EBITDA is 17.086.
Stock Price History:
The Beta on a monthly basis for CETX is 1.39, which has changed by -0.94023734 over the last 52 weeks, in comparison to a change of 0.19182634 over the same period for the S&P500. Over the past 52 weeks, CETX has reached a high of $51.30, while it has fallen to a 52-week low of $2.10. The 50-Day Moving Average of the stock is -24.20%, while the 200-Day Moving Average is calculated to be -80.13%.
Shares Statistics:
CETX traded an average of 5.21M shares per day over the past three months and 15264500 shares per day over the past ten days. A total of 7.71M shares are outstanding, with a floating share count of 7.60M. Insiders hold about 1.47% of the company’s shares, while institutions hold 0.46% stake in the company. Shares short for CETX as of 1765756800 were 300443 with a Short Ratio of 0.06, compared to 1763078400 on 95161. Therefore, it implies a Short% of Shares Outstanding of 300443 and a Short% of Float of 4.6.
