Does Cemtrex Inc (NASDAQ:CETX) Look Expensive At $3.17? Here’s How To Know.

In last trading session, Cemtrex Inc (NASDAQ:CETX) saw 0.15 million shares changing hands with its beta currently measuring 1.74. Company’s recent per share price level of $3.17 trading at -$0.14 or -4.23% at ring of the bell on the day assigns it a market valuation of $5.47M. That closing price of CETX’s stock is at a discount of -381477.29% from its 52-week high price of $12096.00 and is indicating a premium of 14.51% 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 0.36 million shares which gives us an average trading volume of 505.62K 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.

Cemtrex Inc (NASDAQ:CETX) trade information

Upright in the red during last session for losing -4.23%, in the last five days CETX remained trading in the green while hitting it’s week-highest on Monday, 01/06/25 when the stock touched $3.17 price level, adding 14.32% to its value on the day. Cemtrex Inc’s shares saw a change of 9.69% in year-to-date performance and have moved 9.69% in past 5-day. Cemtrex Inc (NASDAQ:CETX) showed a performance of -5.09% in past 30-days. Number of shares sold short was 0.38 million shares which calculate 0.64 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 -776966.25% in reaching the projected high whereas dropping to the targeted low would mean a loss of -776966.25% 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 87.49% 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.