Cemtrex Inc (NASDAQ:CETX) Currently -407953.89% Below Its 52-Week High, But There May Be A Surprise Downside

In last trading session, Cemtrex Inc (NASDAQ:CETX) saw 0.33 million shares changing hands with its beta currently measuring 1.72. Company’s recent per share price level of $3.34 trading at $0.17 or 5.36% at ring of the bell on the day assigns it a market valuation of $4.47M. That closing price of CETX’s stock is at a discount of -407953.89% from its 52-week high price of $13629.00 and is indicating a premium of 18.86% from its 52-week low price of $2.71. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.04 million shares which gives us an average trading volume of 443.79K 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 green during last session for gaining 5.36%, in the last five days CETX remained trading in the red while hitting it’s week-highest on Friday, 12/20/24 when the stock touched $3.34 price level, adding 5.92% to its value on the day. Cemtrex Inc’s shares saw a change of -99.97% in year-to-date performance and have moved -1.33% in past 5-day. Cemtrex Inc (NASDAQ:CETX) showed a performance of -59.22% in past 30-days. Number of shares sold short was 0.18 million shares which calculate 0.63 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 24633 to the stock, which implies a rise of 99.99% to its current value. Analysts have been projecting 24633 as a low price target for the stock while placing it at a high target of 24633. It follows that stock’s current price would drop -737414.97% in reaching the projected high whereas dropping to the targeted low would mean a loss of -737414.97% for stock’s current value.

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 0.01% of company’s total shares while institution are holding 0.02 percent of that, with stock having share float percentage of 0.02%. Investors also watch the number of corporate investors in a company very closely, which is 0.02% institutions for Cemtrex Inc that are currently holding shares of the company.