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These Numbers Show Favorable Signs for Cemtrex Inc. (CETX)

Cemtrex Inc. (NASDAQ: CETX) is -97.70% lower on its value in year-to-date trading and has touched a low of $0.12 and a high of $6.49 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 $0.12 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $0.12, the stock is -20.73% and -28.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.2 million and changing -6.50% at the moment leaves the stock -94.18% off its SMA200. CETX registered -97.63% loss for a year compared to 6-month loss of -97.14%. The firm has a 50-day simple moving average (SMA 50) of $0.15802 and a 200-day simple moving average (SMA200) of $1.94906.

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The stock witnessed a -21.77% gain in the last 1 month and extending the period to 3 months gives it a -47.49%, and is -22.92% 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 11.35% over the week and 9.59% over the month.

Cemtrex Inc. (CETX) has around 333 employees, a market worth around $2.01M and $65.32M in sales. Profit margin for the company is -19.66%. Distance from 52-week low is -0.43% and -98.23% 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.

Cemtrex Inc. (CETX) Top Institutional Holders

16.0 institutions hold shares in Cemtrex Inc. (CETX), with institutional investors hold 4.41% of the company’s shares. The shares outstanding are 17.44M, and float is at 17.37M with Short Float at 2.31%. Institutions hold 4.32% of the Float.

Cemtrex Inc. (CETX) Insider Activity

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