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After finishing at $0.30 in the prior trading day, Cemtrex Inc. (NASDAQ: CETX) closed at $0.28, down -7.83%. In other words, the price has decreased by -$7.83 from its previous closing price. On the day, 3.21 million shares were traded. CETX stock price reached its highest trading level at $0.3021 during the session, while it also had its lowest trading level at $0.25.
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 0.64 and its Current Ratio is at 0.92. In the meantime, Its Debt-to-Equity ratio is 4.14 whereas as Long-Term Debt/Eq ratio is at 1.21.
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 292254 and an Enterprise Value of 25847680. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.00 while its Price-to-Book (P/B) ratio in mrq is 0.04. Its current Enterprise Value per Revenue stands at 0.402 whereas that against EBITDA is 63.027.
Stock Price History:
The Beta on a monthly basis for CETX is 2.33, which has changed by -0.9691992 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. Over the past 52 weeks, CETX has reached a high of $11.45, while it has fallen to a 52-week low of $0.28. The 50-Day Moving Average of the stock is -91.67%, while the 200-Day Moving Average is calculated to be -93.96%.
Shares Statistics:
The stock has traded on average 409.33K shares per day over the past 3-months and 2277650 shares per day over the last 10 days, according to various share statistics. A total of 1.05M shares are outstanding, with a floating share count of 0.99M. Insiders hold about 6.40% of the company’s shares, while institutions hold 1.96% stake in the company. Shares short for CETX as of 1713139200 were 13967 with a Short Ratio of 0.03, compared to 1710460800 on 31835. Therefore, it implies a Short% of Shares Outstanding of 13967 and a Short% of Float of 1.4099999.
Earnings Estimates
Cemtrex Inc. (CETX) is currently under the scrutiny of 1.0 analysts, each contributing to the ongoing evaluation of its stock.On average, analysts expect EPS of -$0.07 for the current quarter, with a high estimate of -$0.07 and a low estimate of -$0.07, while EPS last year was -$0.73. The consensus estimate for the next quarter is -$0.07, with high estimates of -$0.07 and low estimates of -$0.07.
Analysts are recommending an EPS of between -$1.27 and -$1.27 for the fiscal current year, implying an average EPS of -$1.27. EPS for the following year is $0.55, with 1.0 analysts recommending between $0.55 and $0.55.
Revenue Estimates
For the next quarter, 1 analysts are estimating revenue of $17.07M. There is a high estimate of $17.07M for the next quarter, whereas the lowest estimate is $17.07M.
A total of 1 analysts have provided revenue estimates for CETX’s current fiscal year. The highest revenue estimate was $68.27M, while the lowest revenue estimate was $68.27M, resulting in an average revenue estimate of $68.27M. In the same quarter a year ago, actual revenue was $59.71MBased on 1 analysts’ estimates, the company’s revenue will be $78.51M in the next fiscal year. The high estimate is $78.51M and the low estimate is $78.51M.
