Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Cemtrex Inc (NASDAQ: CETX) closed at $1.3 down -3.70% from its previous closing price of $1.35. In other words, the price has decreased by -$3.70 from its previous closing price. On the day, 0.51 million shares were traded. CETX stock price reached its highest trading level at $1.42 during the session, while it also had its lowest trading level at $1.27.
Ratios:
For a deeper understanding of Cemtrex Inc’s stock, let’s take a closer look at its various 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 4188703 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 0.36. 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 1.60, which has changed by -0.99713403 over the last 52 weeks, in comparison to a change of 0.13161862 over the same period for the S&P500. Over the past 52 weeks, CETX has reached a high of $520.59, while it has fallen to a 52-week low of $0.85. The 50-Day Moving Average of the stock is 0.88%, while the 200-Day Moving Average is calculated to be -82.59%.
Shares Statistics:
For the past three months, CETX has traded an average of 858.43K shares per day and 631690 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 0.89, 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
