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After finishing at $0.89 in the prior trading day, Cemtrex Inc (NASDAQ: CETX) closed at $0.83, down -7.36%. In other words, the price has decreased by -$7.36 from its previous closing price. On the day, 1.09 million shares were traded. CETX stock price reached its highest trading level at $0.8657 during the session, while it also had its lowest trading level at $0.803.
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 0.96 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 5117516 and an Enterprise Value of 20311768. 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 0.06 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 0.267 whereas that against EBITDA is 6.358.
Stock Price History:
The Beta on a monthly basis for CETX is 1.63, which has changed by -0.9973506 over the last 52 weeks, in comparison to a change of 0.18189907 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 -32.05%, while the 200-Day Moving Average is calculated to be -56.65%.
Shares Statistics:
The stock has traded on average 1.05M shares per day over the past 3-months and 1195770 shares per day over the last 10 days, according to various share statistics. 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 1.02, compared to 1752537600 on 781808. Therefore, it implies a Short% of Shares Outstanding of 1069236 and a Short% of Float of 18.83.