Cemtrex Inc. (NASDAQ:CETX) currently has a daily average trading volume of 3.32M but it saw 5931811 shares traded in last market. With a market cap of 7.76M USD, the company’s current market price of $0.30 came rising about 0.90 while comparing to the previous closing price of $0.30. In past 52 weeks, the stock remained buoying in the range of price level as high as $389.40 and as low as $0.27. In the recent trading on the day, stock has struck highest price mark of $0.2852 while lowest mark touched by it was $0.312.
Taking a look at 20-day trading activity of Cemtrex Inc. (CETX) gives us an average price of $2.2209, while its current price level is -99.92% below from 52-week high level whereas it is 11.88% 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 $6.2622 while that of 200 days or SMA-200 reads an average of $89.9386. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.96% during that period while stretching the period over a month that increases to 22.27%. 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 11.24 which implies that the stock is in oversold territory.
Over the week, CETX’s stock price is moving -33.49% down while it is -96.49% when we observe its performance for the past one month. Year-to-date it is -99.90% down and over the past year, the stock is showing a downside performance of -99.89%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -43.8 beaten by the consensus estimate of -6.6 for the same. The company is expected to be releasing its next quarterly report on 2024-Feb-12, 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 $14.69M 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.
Company’s return on investment (ROI) stands at -70.72% and return on equity (ROE) at -350.20%. Stock’s beta reads 1.81. Stock has a price to book (P/B) ratio of 1.82 while price to sale or P/S ratio amounts to 0.12. Its return on asset (ROA) is -30.96% on average.
