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After finishing at $1.31 in the prior trading day, Cemtrex Inc (NASDAQ: CETX) closed at $1.34, up 2.29%. In other words, the price has increased by $2.29 from its previous closing price. On the day, 1.1 million shares were traded. CETX stock price reached its highest trading level at $1.35 during the session, while it also had its lowest trading level at $1.25.
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 0.95 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 4317587 and an Enterprise Value of 21410418. 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 0.29 whereas that against EBITDA is 31.946.
Stock Price History:
The Beta on a monthly basis for CETX is 1.63, which has changed by -0.9955993 over the last 52 weeks, in comparison to a change of 0.16461086 over the same period for the S&P500. Over the past 52 weeks, CETX has reached a high of $381.57, while it has fallen to a 52-week low of $0.85. The 50-Day Moving Average of the stock is 13.53%, while the 200-Day Moving Average is calculated to be -45.53%.
Shares Statistics:
The stock has traded on average 1.12M shares per day over the past 3-months and 1352190 shares per day over the last 10 days, according to various share statistics. 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 5.75% stake in the company. Shares short for CETX as of 1753920000 were 1031306 with a Short Ratio of 0.92, compared to 1751241600 on 761707. Therefore, it implies a Short% of Shares Outstanding of 1031306 and a Short% of Float of 32.009998.
