Friday, January 15, 2021

Cemtrex Inc. [CETX] Revenue clocked in at $43.70 million, up 3.85% YTD: What’s Next?

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Cemtrex Inc. [NASDAQ: CETX] plunged by -$0.11 during the normal trading session on Tuesday and reaching a high of $1.52 during the day while it closed the day at $1.35. The company report on December 1, 2020 that Cemtrex Makes Strategic Investment into MasterpieceVR.

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Partnership With Leading 3D Content Development Platform for Virtual Reality to Expand Cemtrex’s VR Portfolio.


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— Cemtrex Inc. (NASDAQ: CETX, CETXP, CETXW), a technology company driving innovation in Internet of Things (IoT), security, machine vision & artificial intelligence, and augmented & virtual reality, announced a strategic investment into MasterpieceVR, the developer of a professional desktop and VR application suite that offers 3D content creation tools, primarily for virtual reality. Due to the competitive nature of the transaction, financial terms were not disclosed by both parties.

Cemtrex Inc. stock has also loss -2.17% of its value over the past 7 days. However, CETX stock has inclined by 4.65% in the 3 months of the year. Over the past six months meanwhile, it has lost -24.16% and gained 3.85% year-on date.

The market cap for CETX stock reached $22.09 million, with 16.74 million shares outstanding and 14.89 million shares in the current float. Compared to the average trading volume of 1.21M shares, CETX reached a trading volume of 2407327 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about 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 0.11, with the Price to Sales ratio for CETX stock in the period of the last 12 months amounting to 0.51. The Price to Book ratio for the last quarter was 0.45, with the Price to Cash per share for the same quarter was set at 0.90.

CETX stock trade performance evaluation

Cemtrex Inc. [CETX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.17. With this latest performance, CETX shares gained by 26.17% in over the last four-week period, additionally sinking by -24.16% over the last 6 months – not to mention a drop of -2.17% 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 59.71, with the RSI for the last a single of trading hit 60.04, and the three-weeks RSI is set at 58.05 for Cemtrex Inc. [CETX]. The present Moving Average for the last 50 days of trading for this stock 1.1171, while it was recorded at 1.3340 for the last single week of trading, and 1.2131 for the last 200 days.

Cemtrex Inc. [CETX]: An insightful look at the core 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.Cemtrex Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.80 and a Current Ratio set at 2.20.

Earnings per share (EPS) analysis for Cemtrex Inc. [CETX] stock

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 Ownership positions

There are presently around $0 million, or 8.40% of CETX stock, in the hands of institutional investors. The top three institutional holders of CETX stocks are: WEDBUSH SECURITIES INC with ownership of 68,425, which is approximately 257.778% of the company’s market cap and around 12.17% of the total institutional ownership; VANGUARD GROUP INC, holding 22,059 shares of the stock with an approximate value of $30000.0 in CETX stocks shares; and SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC, currently with $25000.0 in CETX stock with ownership of nearly 0% of the company’s market capitalization.

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Positions in Cemtrex Inc. stocks held by institutional investors increased at the end of December and at the time of the December reporting period, where 5 institutional holders increased their position in Cemtrex Inc. [NASDAQ:CETX] by around 70,665 shares. Additionally, 6 investors decreased positions by around 99,910 shares, while 3 investors held positions by with 39,604 shares. The mentioned changes placed institutional holdings at 130,971 shares, according to the latest SEC report filing. CETX stock had 3 new institutional investments in for a total of 21,342 shares, while 6 institutional investors sold positions of 99,910 shares during the same period.

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