Cemtrex Inc. (NASDAQ: CETX) is -97.15% lower on its value in year-to-date trading and has touched a low of $0.14 and a high of $7.42 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CETX stock was last observed hovering at around $0.14 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.14, the stock is -5.03% and -20.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.64 million and changing -0.83% at the moment leaves the stock -93.82% off its SMA200. CETX registered -96.84% loss for a year compared to 6-month loss of -96.12%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -12.65% gain in the last 1 month and extending the period to 3 months gives it a -55.99%, and is -5.86% 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 9.92% over the week and 9.77% over the month.
Cemtrex Inc. (CETX) has around 333 employees, a market worth around $2.49M and $65.32M in sales. Profit margin for the company is -19.66%. Distance from 52-week low is 5.69% and -98.07% from its 52-week high. The company has generated returns on investments over the last 12 months (-70.72%).
with sales reaching $16.39M over the same period., but quarterly earnings will post 14.30% year-over-year.
15.0 institutions hold shares in Cemtrex Inc. (CETX), with institutional investors hold 4.37% of the company’s shares. The shares outstanding are 17.44M, and float is at 17.37M with Short Float at 3.48%. Institutions hold 4.28% of the Float.
