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After finishing at $2.97 in the prior trading day, Cemtrex Inc (NASDAQ: CETX) closed at $2.5, down -15.82%. In other words, the price has decreased by -$15.82 from its previous closing price. On the day, 4.12 million shares were traded. CETX stock price reached its highest trading level at $2.7395 during the session, while it also had its lowest trading level at $2.4401.
Ratios:
Our goal is to gain a better understanding of CETX by taking a closer look at its different ratios. 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 22501380 and an Enterprise Value of 30904588. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 0.24. Its current Enterprise Value per Revenue stands at 0.404 whereas that against EBITDA is 16.568.
Stock Price History:
The Beta on a monthly basis for CETX is 1.40, which has changed by -0.93421924 over the last 52 weeks, in comparison to a change of 0.19226205 over the same period for the S&P500. Over the past 52 weeks, CETX has reached a high of $48.75, while it has fallen to a 52-week low of $2.10. The 50-Day Moving Average of the stock is -25.27%, while the 200-Day Moving Average is calculated to be -80.75%.
Shares Statistics:
The stock has traded on average 6.03M shares per day over the past 3-months and 16914070 shares per day over the last 10 days, according to various share statistics. 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 1767139200 were 1847606 with a Short Ratio of 0.31, compared to 1764288000 on 229983. Therefore, it implies a Short% of Shares Outstanding of 1847606 and a Short% of Float of 21.48.
