Cemtrex Inc. [CETX] Stock trading around $1.47 per share: What’s Next?

Cemtrex Inc. [NASDAQ: CETX] stock went on an upward path that rose over 8.89% on Monday, amounting to a one-week price increase of more than 1.38%. The company report on August 13, 2020 that Cemtrex, Inc. (CETX) Announces Results for the Third Quarter Ending June 30, 2020.

9 Month Revenues Increase by 16% YoY.

– Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading technology company that is driving innovation in a wide range of commercial sectors such as Internet of Things (IoT), Augmented and Virtual Reality (AR & VR), and Artificial Intelligence and Computer Vision (AI & CV), announced its financial results for the quarter ending June 30, 2020.

Over the last 12 months, CETX stock rose by 8.09%. The average equity rating for CETX stock is currently 1.00, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $24.61 million, with 16.74 million shares outstanding and 14.81 million shares in the current float. Compared to the average trading volume of 5.97M shares, CETX stock reached a trading volume of 6274251 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Cemtrex Inc. [CETX]:

Taglich Brothers have made an estimate for Cemtrex Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on March 01, 2017.

The Average True Range (ATR) for Cemtrex Inc. is set at 0.14, with the Price to Sales ratio for CETX stock in the period of the last 12 months amounting to 0.53. The Price to Book ratio for the last quarter was 0.51.

CETX Stock Performance Analysis:

Cemtrex Inc. [CETX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.38. With this latest performance, CETX shares dropped by -11.98% in over the last four-week period, additionally sinking by -4.55% over the last 6 months – not to mention a rise of 8.09% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CETX stock in for the last two-week period is set at 46.52, with the RSI for the last a single of trading hit 52.31, and the three-weeks RSI is set at 49.33 for Cemtrex Inc. [CETX]. The present Moving Average for the last 50 days of trading for this stock 1.6614, while it was recorded at 1.4000 for the last single week of trading, and 1.2974 for the last 200 days.

Insight into Cemtrex Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Cemtrex Inc. [CETX] shares currently have an operating margin of -18.97 and a Gross Margin at +39.63. Cemtrex Inc.’s Net Margin is presently recorded at -30.06.

Return on Total Capital for CETX is now -16.89, given the latest momentum, and Return on Invested Capital for the company is -33.95. Return on Equity for this stock declined to -41.89, with Return on Assets sitting at -21.13. When it comes to the capital structure of this company, Cemtrex Inc. [CETX] has a Total Debt to Total Equity ratio set at 56.54. Additionally, CETX Total Debt to Total Capital is recorded at 36.12, with Total Debt to Total Assets ending up at 26.85. Long-Term Debt to Equity for the company is recorded at 24.09, with the Long-Term Debt to Total Capital now at 15.39.

Reflecting on the efficiency of the workforce at the company, Cemtrex Inc. [CETX] managed to generate an average of -$39,747 per employee. Receivables Turnover for the company is 3.21 with a Total Asset Turnover recorded at a value of 0.70.

CETX Stock EPS

With the latest financial reports released by the company, Cemtrex Inc. posted -5.44/share EPS, while the average EPS was predicted by analysts to be reported at -1.84/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -195.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CETX.

Cemtrex Inc. [CETX] Insider Position Details

There are presently around $0 million, or 9.90% of CETX stock, in the hands of institutional investors. The top three institutional holders of CETX stocks are: TWO SIGMA SECURITIES, LLC with ownership of 48,228, which is approximately New of the company’s market cap and around 20.36% of the total institutional ownership; VANGUARD GROUP INC, holding 22,059 shares of the stock with an approximate value of $32000.0 in CETX stocks shares; and WEDBUSH SECURITIES INC, currently with $28000.0 in CETX stock with ownership of nearly -55.68% of the company’s market capitalization.

Positions in Cemtrex Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 6 institutional holders increased their position in Cemtrex Inc. [NASDAQ:CETX] by around 98,894 shares. Additionally, 7 investors decreased positions by around 329,194 shares, while 2 investors held positions by with 285,858 shares. The mentioned changes placed institutional holdings at 142,230 shares, according to the latest SEC report filing. CETX stock had 5 new institutional investments in for a total of 98,891 shares, while 5 institutional investors sold positions of 300,701 shares during the same period.

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