Cemtrex Inc (NASDAQ:CETX) has a beta value of 1.50 and has seen 8.64 million shares traded in the recent trading session. The company, currently valued at $3.45M, closed the recent trade at $1.07 per share which meant it gained $0.07 on the day or 7.20% during that session. The CETX stock price is -49357.94% off its 52-week high price of $529.20 and 20.56% above the 52-week low of $0.85. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.79 million shares traded. The 3-month trading volume is 509.37K 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.
Cemtrex Inc (NASDAQ:CETX) trade information
Sporting 7.20% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the CETX stock price touched $1.07 or saw a rise of 25.69%. Year-to-date, Cemtrex Inc shares have moved -99.78%, while the 5-day performance has seen it change 1.88%. Over the past 30 days, the shares of Cemtrex Inc (NASDAQ:CETX) have changed -36.52%. Short interest in the company has seen 0.39 million shares shorted with days to cover at 0.41.
Wall Street analysts have a consensus price target for the stock at $24633, which means that the shares’ value could jump 100.0% from the levels at last check today.. The projected low price target is $24633.0 while the price target rests at a high of $24633.0. In that case, then, we find that the latest price level in today’s session is -2302049.53% off the targeted high while a plunge would see the stock gain -2302049.53% from the levels at last check today..
Cemtrex Inc (CETX) estimates and forecasts
The company’s shares have lost -66.26% 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 87.49% over the past 5 years.
CETX Dividends
Cemtrex Inc is expected to release its next earnings report on 2024-Feb-12 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 0.00% of the company shares, while shares held by institutions stand at 0.46% with a share float percentage of 0.46%. Investors are also buoyed by the number of investors in a company, with Cemtrex Inc having a total of 6.0 institutions that hold shares in the company.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Concord Street Trust-Fidelity Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Series Total Market Index Fund . As of Apr 30, 2025 , the former fund manager holds about 0.61% shares in the company for having 10.88 shares of worth $11539.0 while later fund manager owns 2.77 shares of worth $2933.0 as of Apr 30, 2025 , which makes it owner of about 0.16% of company’s outstanding stock.
