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.
As of close of business last night, Cemtrex Inc’s stock clocked out at $3.15, down -1.25% from its previous closing price of $3.19. In other words, the price has decreased by -$1.25 from its previous closing price. On the day, 0.81 million shares were traded. CETX stock price reached its highest trading level at $3.7 during the session, while it also had its lowest trading level at $3.101.
Ratios:
To gain a deeper understanding of CETX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.06 and its Current Ratio is at 1.43. In the meantime, Its Debt-to-Equity ratio is 4.91 whereas as Long-Term Debt/Eq ratio is at 3.06.
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 5431104 and an Enterprise Value of 16868158. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09 while its Price-to-Book (P/B) ratio in mrq is 0.01. Its current Enterprise Value per Revenue stands at 0.258 whereas that against EBITDA is -4.631.
Stock Price History:
Over the past 52 weeks, CETX has reached a high of $12096.00, while it has fallen to a 52-week low of $2.71. The 50-Day Moving Average of the stock is -39.06%, while the 200-Day Moving Average is calculated to be -99.74%.
Shares Statistics:
It appears that CETX traded 496.59K shares on average per day over the past three months and 320600 shares per day over the past ten days. Insiders hold about 0.00% of the company’s shares, while institutions hold 3.22% stake in the company. Shares short for CETX as of 1734048000 were 377298 with a Short Ratio of 0.76, compared to 1731628800 on 4440. Therefore, it implies a Short% of Shares Outstanding of 377298 and a Short% of Float of 51.61.
