The stock of Cemtrex Inc (CETX) has gone down by -11.57% for the week, with a -18.99% drop in the past month and a -82.16% drop in the past quarter. The volatility ratio for the week is 9.29%, and the volatility levels for the past 30 days are 10.83% for CETX. The simple moving average for the past 20 days is -15.93% for CETX’s stock, with a -99.69% simple moving average for the past 200 days.
Is It Worth Investing in Cemtrex Inc (NASDAQ: CETX) Right Now?
Additionally, the 36-month beta value for CETX is 1.76. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for CETX is 1.78M and currently, short sellers hold a 9.94% ratio of that float. The average trading volume of CETX on January 22, 2025 was 456.74K shares.
CETX) stock’s latest price update
Cemtrex Inc (NASDAQ: CETX)’s stock price has plunge by -12.33relation to previous closing price of 2.92. Nevertheless, the company has seen a -11.57% plunge in its stock price over the last five trading sessions. globenewswire.com reported 2025-01-06 that Brooklyn, NY, Jan. 06, 2025 (GLOBE NEWSWIRE) — – Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, today announced that it has received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it has regained compliance with the minimum stockholders’ equity requirement under Nasdaq Listing Rule 5550(b)(1). The Company’s security will continue to be listed and traded on The Nasdaq Stock Market.
CETX Trading at -36.54% 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 -99.98% of loss for the given period.
Volatility was left at 10.83%, however, over the last 30 days, the volatility rate increased by 9.29%, as shares sank -12.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -65.07% lower at present.
During the last 5 trading sessions, CETX fell by -11.57%, which changed the moving average for the period of 200-days by -99.97% in comparison to the 20-day moving average, which settled at $3.05. In addition, Cemtrex Inc saw -11.42% 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
- 0.41 for the gross margin
The net margin for Cemtrex Inc stands at -0.11. The total capital return value is set at -0.21. Equity return is now at value -117.32, with -15.71 for asset returns.
Based on Cemtrex Inc (CETX), the company’s capital structure generated 0.83 points at debt to capital in total, while cash flow to debt ratio is standing at -0.17. The debt to equity ratio resting at 4.91. The interest coverage ratio of the stock is -2.43.
Currently, EBITDA for the company is -3.98 million with net debt to EBITDA at -1.93. When we switch over and look at the enterprise to sales, we see a ratio of 0.36. The receivables turnover for the company is 5.19for trailing twelve months and the total asset turnover is 1.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.43.
Conclusion
In conclusion, Cemtrex Inc (CETX) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.
