Cemtrex Inc (CETX)’s Market Momentum: Closing Strong at 1.32, Up 1.54

Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.

As of close of business last night, Cemtrex Inc’s stock clocked out at $1.32, up 1.54% from its previous closing price of $1.3. In other words, the price has increased by $1.54 from its previous closing price. On the day, 0.78 million shares were traded. CETX stock price reached its highest trading level at $1.34 during the session, while it also had its lowest trading level at $1.23.

Ratios:

To gain a deeper understanding of CETX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 3.65 whereas as Long-Term Debt/Eq ratio is at 1.62.

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 4253146 and an Enterprise Value of 20982120. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06 while its Price-to-Book (P/B) ratio in mrq is 0.37. Its current Enterprise Value per Revenue stands at 0.284 whereas that against EBITDA is 31.307.

Stock Price History:

The Beta on a monthly basis for CETX is 1.57, which has changed by -0.997049 over the last 52 weeks, in comparison to a change of 0.10500872 over the same period for the S&P500. Over the past 52 weeks, CETX has reached a high of $529.20, while it has fallen to a 52-week low of $0.85. The 50-Day Moving Average of the stock is 0.81%, while the 200-Day Moving Average is calculated to be -93.21%.

Shares Statistics:

It appears that CETX traded 779.21K shares on average per day over the past three months and 1700120 shares per day over the past ten days. A total of 3.22M shares are outstanding, with a floating share count of 2.95M. Insiders hold about 8.41% of the company’s shares, while institutions hold 5.12% stake in the company. Shares short for CETX as of 1749772800 were 629154 with a Short Ratio of 0.81, compared to 1747267200 on 167927. Therefore, it implies a Short% of Shares Outstanding of 629154 and a Short% of Float of 19.530001.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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