Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $0.13 in the prior trading day, Cemtrex Inc. (NASDAQ: CETX) closed at $0.12, down -8.21%. In other words, the price has decreased by -$8.21 from its previous closing price. On the day, 1.67 million shares were traded. CETX stock price reached its highest trading level at $0.134 during the session, while it also had its lowest trading level at $0.1155.
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 1.34 and its Current Ratio is at 1.88. In the meantime, Its Debt-to-Equity ratio is 445.60 whereas as Long-Term Debt/Eq ratio is at 362.20.
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 2144812 and an Enterprise Value of 18103310. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03 while its Price-to-Book (P/B) ratio in mrq is 44.24. Its current Enterprise Value per Revenue stands at 0.277 whereas that against EBITDA is -4.97.
Stock Price History:
Over the past 52 weeks, CETX has reached a high of $6.49, while it has fallen to a 52-week low of $0.13. The 50-Day Moving Average of the stock is -24.23%, while the 200-Day Moving Average is calculated to be -93.87%.
Shares Statistics:
The stock has traded on average 543.05K shares per day over the past 3-months and 613260 shares per day over the last 10 days, according to various share statistics. A total of 17.44M shares are outstanding, with a floating share count of 17.37M. Insiders hold about 0.39% of the company’s shares, while institutions hold 18.97% stake in the company. Shares short for CETX as of 1726185600 were 400889 with a Short Ratio of 0.74, compared to 1723680000 on 172980. Therefore, it implies a Short% of Shares Outstanding of 400889 and a Short% of Float of 2.31.