Cemtrex Inc. (CETX) Stock Could Soon Reward Patient Investors

Cemtrex Inc. (NASDAQ: CETX) is 12.31% higher on its value in year-to-date trading and has touched a low of $0.60 and a high of $3.75 in the current 52-week trading range. The CETX stock was last observed hovering at around $1.46 in the recent trading session, with the current loss setting it -0.05%.

The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.


At last check, trading at $1.41, the stock is -26.56% and 1.18% above its SMA20 and SMA50 respectively. However, with a current trading volume of 0.49 million and changing -3.42% at the moment leaves the stock 10.07% off its SMA200. CETX registered -40.41% loss for a year compared to 6-month gain of 18.70%. The firm has a 50-day simple moving average (SMA 50) of $1.6599 and a 200-day simple moving average (SMA200) of $1.2376.

The stock witnessed a -32.09% loss in the last 1 month and extending the period to 3 months gives it a 118.89%, and is -13.10% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.15% over the week and 14.04% over the month.

Cemtrex Inc. (CETX) has around 235 employees, a market worth around $20.57M and $46.20M in sales. Distance from 52-week low is 135.00% and -62.40% from its 52-week high. The company has generated returns on investments over the last 12 months (-18.50%).

Cemtrex Inc. (CETX) Analyst Forecasts

Cemtrex Inc. quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $31M over the same period.The EPS is expected to grow by 28.60% this year, but quarterly earnings will post 11.90% year-over-year. Quarterly sales are estimated to grow 72.40% in year-over-year returns.

Cemtrex Inc. (CETX) Top Institutional Holders

10 institutions hold shares in Cemtrex Inc. (CETX), with 2M shares held by insiders accounting for 20.36% while institutional investors hold 13.53% of the company’s shares. The shares outstanding are 16.06M, and float is at 8.68M with Short Float at 2.33%. Institutions hold 10.77% of the Float.

Cemtrex Inc. (CETX) Insider Activity

A total of 0 insider transactions have happened at Cemtrex Inc. (CETX) in the last six months, with sales accounting for 0 and purchases happening 0 times.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free