Cemtrex Inc. (CETX): Uncovering A True Diamond In The Rough

Cemtrex Inc. (NASDAQ:CETX) currently has a daily average trading volume of 2.00M but it saw 26853378 shares traded in last market. With a market cap of 0.13M USD, the company’s current market price of $0.46 came rising about 18.13 while comparing to the previous closing price of $0.39. In past 52 weeks, the stock remained buoying in the range of price level as high as $389.40 and as low as $0.38. In the recent trading on the day, stock has struck highest price mark of $0.3802 while lowest mark touched by it was $0.5197.

Taking a look at 20-day trading activity of Cemtrex Inc. (CETX) gives us an average price of $4.3688, while its current price level is -99.88% below from 52-week high level whereas it is 19.69% 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 $7.1686 while that of 200 days or SMA-200 reads an average of $97.0416. A closer look into the stock’s movement over the week reveals that its volatility is standing at 25.38% during that period while stretching the period over a month that decreases to 21.20%. 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 11.35 which implies that the stock is in oversold territory.

Over the week, CETX’s stock price is moving -35.77% down while it is -94.90% when we observe its performance for the past one month. Year-to-date it is -99.85% down and over the past year, the stock is showing a downside performance of -99.84%.

Company’s return on investment (ROI) stands at -70.72% and return on equity (ROE) at -350.20%. Stock’s beta reads 1.85. Stock has a price to book (P/B) ratio of 2.73 while price to sale or P/S ratio amounts to 0.00. Its return on asset (ROA) is -30.96% on average.