How To Know If Cemtrex Inc. (NASDAQ:CETX) Is Expensive At $0.29.

In recent trading session, Cemtrex Inc. (NASDAQ:CETX) saw 0.87 million shares changing hands at last check today with its beta currently measuring 2.33. Company’s recent per share price level of $0.29 trading at -$0.01 or -4.20% at last check today assigns it a market valuation of $0.30M. That most recent trading price of CETX’s stock is at a discount of -3848.28% from its 52-week high price of $11.45 and is indicating a premium of 3.45% from its 52-week low price of $0.28. Taking a look at company’s average trading volume of 409.33K if we extend that period to 3-months.

Cemtrex Inc. (NASDAQ:CETX) trade information

Upright in the red during last session for losing -4.20%, in the last five days CETX remained trading in the red while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $0.29 price level, adding 84.32% to its value on the day. Cemtrex Inc.’s shares saw a change of -94.26% in year-to-date performance and have moved -83.19% in past 5-day. Cemtrex Inc. (NASDAQ:CETX) showed a performance of -92.72% in past 30-days.

Cemtrex Inc. (CETX) estimates and forecasts

This year revenue growth is estimated to rise 14.30% from the last financial year’s standing. 1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 16.39M for the same. And 1 analysts are in estimates of company making revenue of 17.07M in the next quarter. Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 50.20% during past 5 years.

CETX Dividends

Cemtrex Inc. is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.