The stock has a 36-month beta value of 1.94. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CETX is 25.49M, and at present, short sellers hold a 0.81% of that float. On November 04, 2024, the average trading volume of CETX was 4.73M shares.
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CETX) stock’s latest price update
The stock of Cemtrex Inc (NASDAQ: CETX) has decreased by -2.78 when compared to last closing price of 0.25. Despite this, the company has experienced a -9.89% fall in its stock price over the last five trading sessions. globenewswire.com reported 2024-10-08 that Pennsylvania Department of Military and Veterans Affairs Project to be Completed in 2025 Pennsylvania Department of Military and Veterans Affairs Project to be Completed in 2025
CETX’s Market Performance
CETX’s stock has fallen by -9.89% in the past week, with a monthly drop of -87.81% and a quarterly drop of -97.37%. The volatility ratio for the week is 12.91% while the volatility levels for the last 30 days are 18.91% for Cemtrex Inc The simple moving average for the past 20 days is -35.32% for CETX’s stock, with a -99.69% simple moving average for the past 200 days.
CETX Trading at -94.93% from the 50-Day Moving Average
After a stumble in the market that brought CETX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.94% of loss for the given period.
Volatility was left at 18.91%, however, over the last 30 days, the volatility rate increased by 12.91%, as shares sank -82.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -97.35% lower at present.
During the last 5 trading sessions, CETX fell by -9.30%, which changed the moving average for the period of 200-days by -99.89% in comparison to the 20-day moving average, which settled at $0.3788. In addition, Cemtrex Inc saw -99.92% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CETX
Current profitability levels for the company are sitting at:
- -0.08 for the present operating margin
- 0.4 for the gross margin
The net margin for Cemtrex Inc stands at -0.2. The total capital return value is set at -0.17. Equity return is now at value -350.20, with -30.96 for asset returns.
Based on Cemtrex Inc (CETX), the company’s capital structure generated 1.0 points at debt to capital in total, while cash flow to debt ratio is standing at -0.07. The debt to equity ratio resting at 439.26. The interest coverage ratio of the stock is -1.69.
Currently, EBITDA for the company is 8740.0 with net debt to EBITDA at -4.21. When we switch over and look at the enterprise to sales, we see a ratio of 0.32. The receivables turnover for the company is 6.75for trailing twelve months and the total asset turnover is 1.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.88.
Conclusion
To sum up, Cemtrex Inc (CETX) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
