In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Cemtrex Inc (NASDAQ: CETX) closed at $1.01 up 1.21% from its previous closing price of $1.0. In other words, the price has increased by $1.21 from its previous closing price. On the day, 9.58 million shares were traded. CETX stock price reached its highest trading level at $1.438 during the session, while it also had its lowest trading level at $1.0.
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 3254300 and an Enterprise Value of 20821506. 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 0.28. Its current Enterprise Value per Revenue stands at 0.282 whereas that against EBITDA is 31.067.
Stock Price History:
The Beta on a monthly basis for CETX is 1.50, which has changed by -0.99786246 over the last 52 weeks, in comparison to a change of 0.111126065 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 -23.43%, while the 200-Day Moving Average is calculated to be -96.81%.
Shares Statistics:
For the past three months, CETX has traded an average of 509.37K shares per day and 1725390 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 1748563200 were 386255 with a Short Ratio of 0.76, compared to 1745971200 on 165126. Therefore, it implies a Short% of Shares Outstanding of 386255 and a Short% of Float of 12.73.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.