Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
The closing price of Cemtrex Inc (NASDAQ: CETX) was $0.9 for the day, down -11.29% from the previous closing price of $1.01. In other words, the price has decreased by -$11.29 from its previous closing price. On the day, 1.63 million shares were traded. CETX stock price reached its highest trading level at $1.0 during the session, while it also had its lowest trading level at $0.871.
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 0.96 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 6.23 whereas as Long-Term Debt/Eq ratio is at 2.67.
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 5706570 and an Enterprise Value of 20692206. As of this moment, Cemtrex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.07 while its Price-to-Book (P/B) ratio in mrq is 0.87. Its current Enterprise Value per Revenue stands at 0.272 whereas that against EBITDA is 6.477.
Stock Price History:
The Beta on a monthly basis for CETX is 1.62, which has changed by -0.99715555 over the last 52 weeks, in comparison to a change of 0.20221436 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 -26.97%, while the 200-Day Moving Average is calculated to be -54.44%.
Shares Statistics:
CETX traded an average of 1.03M shares per day over the past three months and 1114360 shares per day over the past ten days. A total of 5.68M shares are outstanding, with a floating share count of 5.20M. Insiders hold about 8.41% of the company’s shares, while institutions hold 4.21% stake in the company. Shares short for CETX as of 1755216000 were 1069236 with a Short Ratio of 1.04, compared to 1752537600 on 781808. Therefore, it implies a Short% of Shares Outstanding of 1069236 and a Short% of Float of 18.83.
