Cemtrex Inc (NASDAQ:CETX) has a beta value of 1.82 and has seen 4.93 million shares traded in the recent trading session. The CETX stock price is -353900.0% off its 52-week high price of $389.40 and 0.0% above the 52-week low of $0.11. If we look at the company’s 10-day average daily trading volume, we find that it stood at 8.51 million shares traded. The 3-month trading volume is 6.38 million shares.
The consensus among analysts is that Cemtrex Inc (CETX) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.
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Cemtrex Inc (NASDAQ:CETX) trade information
Sporting -7.75% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the CETX stock price touched $0.11 or saw a rise of 56.86%. Year-to-date, Cemtrex Inc shares have moved -99.96%, while the 5-day performance has seen it change -41.44%. Over the past 30 days, the shares of Cemtrex Inc (NASDAQ:CETX) have changed -63.45%. Short interest in the company has seen 1.33 million shares shorted with days to cover at 0.11.
Wall Street analysts have a consensus price target for the stock at $23, which means that the shares’ value could jump 99.52% from the levels at last check today. The projected low price target is $23.0 while the price target rests at a high of $23.0. In that case, then, we find that the latest price level in today’s session is -20809.09% off the targeted high while a plunge would see the stock gain -20809.09% from the levels at last check today.
Cemtrex Inc (CETX) estimates and forecasts
The company’s shares have lost -99.51% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 50.20% over the past 5 years.
CETX Dividends
Cemtrex Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Cemtrex Inc (NASDAQ:CETX)’s Major holders
Insiders own 0.02% of the company shares, while shares held by institutions stand at 0.04% with a share float percentage of 0.04%. Investors are also buoyed by the number of investors in a company, with Cemtrex Inc having a total of 11.0 institutions that hold shares in the company.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund. As of Sep 30, 2024, the former fund manager holds about 0.36% shares in the company for having 92.03 shares of worth $10021.0 while later fund manager owns 113.0 shares of worth $12.0 as of Jun 30, 2024, which makes it owner of about 0.00% of company’s outstanding stock.
