During the last session, Cemtrex Inc (NASDAQ:CETX)’s traded shares were 3.61 million, with the beta value of the company hitting 1.85. At the end of the trading day, the stock’s price was $0.27, reflecting an intraday loss of -7.13% or -$0.02. The company’s market capitalization is $6.87M, and the average intraday trading volume over the past 10 days was 13.71 million shares, and the average trade volume was 4.61 million shares over the past three months.
Cemtrex Inc (CETX) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. CETX has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it.
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Cemtrex Inc (NASDAQ:CETX) trade information
Cemtrex Inc (CETX) registered a -7.13% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -7.13% in intraday trading to $0.27, hitting a weekly high. The stock’s 5-day price performance is -8.98%, and it has moved by -94.87% in 30 days. Based on these gigs, the overall price performance for the year is -99.89%. The short interest in Cemtrex Inc (NASDAQ:CETX) is 0.21 million shares and it means that shorts have 0.04 day(s) to cover.
The consensus price target of analysts on Wall Street is $23, which implies an increase of 98.83% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $23 and $23 respectively. As a result, CETX is trading at a discount of -8418.52% off the target high and -8418.52% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 50.20%.
CETX Dividends
Cemtrex Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Cemtrex Inc (NASDAQ:CETX)’s Major holders
Cemtrex Inc insiders own 0.02% of total outstanding shares while institutional holders control 0.05%, with the float percentage being 0.05%.
