In last trading session, Cemtrex Inc (NASDAQ:CETX) saw 3.31 million shares changing hands with its beta currently measuring 1.94. Company’s recent per share price level of $0.19 trading at -$0.02 or -9.26% at ring of the bell on the day assigns it a market valuation of $4.86M. That closing price of CETX’s stock is at a discount of -204847.37% from its 52-week high price of $389.40 and is indicating a discount of -5.26% from its 52-week low price of $0.20. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 9.92 million shares which gives us an average trading volume of 4.85 million if we extend that period to 3-months.
For Cemtrex Inc (CETX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.
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Cemtrex Inc (NASDAQ:CETX) trade information
Upright in the red during last session for losing -9.26%, in the last five days CETX remained trading in the red while hitting it’s week-highest on Thursday, 10/31/24 when the stock touched $0.19 price level, adding 33.31% to its value on the day. Cemtrex Inc’s shares saw a change of -99.94% in year-to-date performance and have moved -34.28% in past 5-day. Cemtrex Inc (NASDAQ:CETX) showed a performance of -78.90% in past 30-days. Number of shares sold short was 0.21 million shares which calculate 0.04 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 23 to the stock, which implies a rise of 99.17% to its current value. Analysts have been projecting 23 as a low price target for the stock while placing it at a high target of 23. It follows that stock’s current price would drop -12005.26% in reaching the projected high whereas dropping to the targeted low would mean a loss of -12005.26% for stock’s current value.
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 14.69M 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.
Cemtrex Inc (NASDAQ:CETX)’s Major holders
Insiders are in possession of 0.02% of company’s total shares while institution are holding 0.05 percent of that, with stock having share float percentage of 0.05%. Investors also watch the number of corporate investors in a company very closely, which is 0.05% institutions for Cemtrex Inc that are currently holding shares of the company.
