Cemtrex Inc. (NASDAQ: CETX) Emerges As Guiding Light For Investors

Cemtrex Inc. (NASDAQ:CETX) currently has a daily average trading volume of 4.50M but it saw 6502830 shares traded in last market. With a market cap of 7.40M USD, the company’s current market price of $0.29 came falling about -3.31 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 $0.2751 while lowest mark touched by it was $0.3189.

Taking a look at 20-day trading activity of Cemtrex Inc. (CETX) gives us an average price of $0.6375, while its current price level is -99.93% below from 52-week high level whereas it is 7.07% 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 $5.3621 while that of 200 days or SMA-200 reads an average of $82.9888. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.70% during that period while stretching the period over a month that increases to 21.93%. 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 11.88 which implies that the stock is in oversold territory.

Over the week, CETX’s stock price is moving -4.68% down while it is -94.80% 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 -99.88%.

Company’s return on investment (ROI) stands at -70.72% and return on equity (ROE) at -350.20%. Stock’s beta reads 1.83. Stock has a price to book (P/B) ratio of 1.73 while price to sale or P/S ratio amounts to 0.11. Its return on asset (ROA) is -30.96% on average.