Cemtrex Inc (NASDAQ: CETX) is -64.36% lower on its value in year-to-date trading and has touched a low of $0.85 and a high of $693.00 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 $1.02 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $1.03, the stock is -20.84% and -23.97% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.8 million and changing 0.98% at the moment leaves the stock -97.58% off its SMA200. CETX registered -99.85% loss for a year compared to 6-month loss of -68.79%.
The stock witnessed a -40.12% gain in the last 1 month and extending the period to 3 months gives it a -39.05%, and is 11.96% up 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 0.84% over the week and 16.95% over the month.
Cemtrex Inc (CETX) has around 264 employees, a market worth around $3.32M and $73.82M in sales. Profit margin for the company is -33.88%. Distance from 52-week low is 21.16% and -99.85% from its 52-week high. The company has generated returns on investments over the last 12 months (-148.89%).
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Cemtrex Inc (CETX) Top Institutional Holders
The shares outstanding are 3.22M, and float is at 2.95M with Short Float at 13.09%.
