Cemtrex Inc. (NASDAQ:CETX) currently has a daily average trading volume of 799.20K but it saw 7171418 shares traded in last market. With a market cap of 1.52M USD, the company’s current market price of $0.09 came falling about -5.93 while comparing to the previous closing price of $0.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.49 and as low as $0.09. In the recent trading on the day, stock has struck highest price mark of $0.0872 while lowest mark touched by it was $0.1061.
Taking a look at 20-day trading activity of Cemtrex Inc. (CETX) gives us an average price of $0.1381, while its current price level is -98.66% below from 52-week high level whereas it is -0.34% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.1529 while that of 200 days or SMA-200 reads an average of $1.8929. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.83% during that period while stretching the period over a month that decreases to 10.84%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 20.48 which implies that the stock is in oversold territory.
Over the week, CETX’s stock price is moving -37.49% down while it is -38.59% when we observe its performance for the past one month. Year-to-date it is -98.26% down and over the past year, the stock is showing a downside performance of -98.08%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.73 beaten by the consensus estimate of -0.11 for the same. The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. In next quarter, company is expected to be making quarterly sales of $17.07M as analysts are expecting the sales for current fiscal year at $68.27M and seeing the company making $78.51M in sales next year. Moreover, analysts are in estimates of $16.39M for current-quarter revenue.
Currently, Cemtrex Inc.’s total number of outstanding shares is 17.44M. Company’s return on investment (ROI) stands at -70.72% and return on equity (ROE) at -350.20%. Stock’s beta reads 1.84. Stock has a price to book (P/B) ratio of 31.37 while price to sale or P/S ratio amounts to 0.02. Its return on asset (ROA) is -30.96% on average.
