Cemtrex Inc [NASDAQ: CETX] gained 129.64% on the last trading session, reaching $7.05 price per share at the time.
Cemtrex Inc represents 0.68 million in outstanding shares, while the company has a total market value of $4.80 million with the latest information. CETX stock price has been found in the range of $4.84 to $9.7.
If compared to the average trading volume of 209.76K shares, CETX reached a trading volume of 130820453 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Cemtrex Inc [CETX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CETX shares is $346500.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CETX stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
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 Price to Book ratio for the last quarter was 0.46, with the Price to Cash per share for the same quarter was set at 11.99.
Trading performance analysis for CETX stock
Cemtrex Inc [CETX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 131.91. With this latest performance, CETX shares gained by 60.96% in over the last four-week period, additionally sinking by -50.72% over the last 6 months – not to mention a drop of -83.74% 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 70.98, with the RSI for the last a single of trading hit 1.22, and the three-weeks RSI is set at 0.88 for Cemtrex Inc [CETX]. The present Moving Average for the last 50 days of trading for this stock 4.58, while it was recorded at 3.70 for the last single week of trading, and 15.53 for the last 200 days.
Cemtrex Inc [CETX]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Cemtrex Inc [CETX] shares currently have an operating margin of 2.50% and a Gross Margin at 41.43%. Cemtrex Inc’s Net Margin is presently recorded at -26.99%.
Cemtrex Inc (CETX) Capital Structure & Debt Analysis
According to recent financial data for Cemtrex Inc. ( CETX), the Return on Equity (ROE) stands at -1102.77%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -44.53%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Cemtrex Inc’s Return on Invested Capital (ROIC) is -154.51%, showcasing its effectiveness in deploying capital for earnings.
Cemtrex Inc (CETX) Efficiency & Liquidity Metrics
Based on Cemtrex Inc’s (CETX) latest financial statements, the Debt-to-Equity Ratio is 6.23%, indicating its reliance on debt financing relative to shareholder equity.
Cemtrex Inc (CETX) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Cemtrex Inc. (CETX) effectively leverages its workforce, generating an average of -$77803.03 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.20% and a Quick Ratio of 0.96%, indicating strong ability to cover short-term liabilities.
An analysis of Institutional ownership at Cemtrex Inc [CETX]
There are presently around $3.40%, or 3.40%% of CETX stock, in the hands of institutional investors.
