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After finishing at $0.15 in the prior trading day, Cemtrex Inc. (NASDAQ: CETX) closed at $0.15, down -5.95%. In other words, the price has decreased by -$5.95 from its previous closing price. On the day, 0.73 million shares were traded. CETX stock price reached its highest trading level at $0.1623 during the session, while it also had its lowest trading level at $0.1451.
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 1.34 and its Current Ratio is at 1.88. In the meantime, Its Debt-to-Equity ratio is 445.60 whereas as Long-Term Debt/Eq ratio is at 362.20.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 30 ’23 when GOVIL SAAGAR bought 15,100 shares for $0.95 per share. The transaction valued at 14,380 led to the insider holds 132,298 shares of the business.
GOVIL SAAGAR bought 7,100 shares of CETX for $6,461 on Aug 25 ’23. The CFO now owns 116,486 shares after completing the transaction at $0.91 per share. On Aug 24 ’23, another insider, GOVIL SAAGAR, who serves as the CFO of the company, bought 3,000 shares for $0.93 each. As a result, the insider paid 2,789 and bolstered with 109,386 shares of the company.
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 2463169 and an Enterprise Value of 27818558. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04 while its Price-to-Book (P/B) ratio in mrq is 52.27. Its current Enterprise Value per Revenue stands at 0.426 whereas that against EBITDA is -57.407.
Stock Price History:
Over the past 52 weeks, CETX has reached a high of $7.42, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is -35.09%, while the 200-Day Moving Average is calculated to be -94.70%.
Shares Statistics:
The stock has traded on average 2.02M shares per day over the past 3-months and 425480 shares per day over the last 10 days, according to various share statistics. A total of 17.44M shares are outstanding, with a floating share count of 17.37M. Insiders hold about 0.40% of the company’s shares, while institutions hold 18.97% stake in the company. Shares short for CETX as of 1722384000 were 173049 with a Short Ratio of 0.09, compared to 1719532800 on 222932. Therefore, it implies a Short% of Shares Outstanding of 173049 and a Short% of Float of 1.0199999.
