Cemtrex Inc (NASDAQ: CETX) Now -99.94% Off Its High ($389.40), Does Analysts See Headwinds And Risks?

Cemtrex Inc (NASDAQ:CETX) currently has a daily average trading volume of 5.32M but it saw 34906160 shares traded in last market. With a market cap of 5.99M USD, the company’s current market price of $0.23 came rising about 33.94 while comparing to the previous closing price of $0.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $389.40 and as low as $0.16. In the recent trading on the day, stock has struck highest price mark of $0.1771 while lowest mark touched by it was $0.255.

Taking a look at 20-day trading activity of Cemtrex Inc (CETX) gives us an average price of $0.2263, while its current price level is -99.94% below from 52-week high level whereas it is 42.34% 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 $2.7388 while that of 200 days or SMA-200 reads an average of $66.6598. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.64% during that period while stretching the period over a month that decreases to 12.15%. 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 17.33 which implies that the stock is in oversold territory.

Over the week, CETX’s stock price is moving 25.40% up while it is -22.16% when we observe its performance for the past one month. Year-to-date it is -99.92% down and over the past year, the stock is showing a downside performance of -99.93%.

Company’s return on investment (ROI) stands at -70.72% and return on equity (ROE) at -350.20%. Stock’s beta reads 1.89. Stock has a price to book (P/B) ratio of 1.40 while price to sale or P/S ratio amounts to 0.09. Its return on asset (ROA) is -30.96% on average.