Cemtrex Inc. [CETX] stock prices are up 1.93% to $0.24 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CETX shares have gain 9.95% over the last week, with a monthly amount drifted -26.90%, and not seem to be holding up well over a long-time horizon.
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
From an analyst’s perspective:
Cemtrex Inc. [NASDAQ: CETX] stock has seen the most recent analyst activity on March 01, 2017, when Taglich Brothers downgraded its rating to a Neutral.
The stock price of Cemtrex Inc. [CETX] has been fluctuating between $0.20 and $8.55 over the past year. Currently, Wall Street analysts expect the stock to reach $23 within the next 12 months. Cemtrex Inc. [NASDAQ: CETX] shares were valued at $0.24 at the most recent close of the market. An investor can expect a potential return of 9483.33% based on the average CETX price forecast.
Analyzing the CETX fundamentals
The Cemtrex Inc. [NASDAQ:CETX] reported sales of 65.36M for trailing twelve months, representing a surge of 6.76%. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.11, Equity is -0.75 and Total Capital is -0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 5.82.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.2250 points at the first support level, and at 0.2125 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.2490, and for the 2nd resistance point, it is at 0.2605.
Ratios To Look Out For
It’s worth pointing out that Cemtrex Inc. [NASDAQ:CETX]’s Current Ratio is 1.56. In addition, the Quick Ratio stands at 1.16 and the Cash Ratio stands at 0.23. Considering the valuation of this stock, the price to sales ratio is 0.06, the price to book ratio is 0.05.
Transactions by insiders
Recent insider trading involved GOVIL SAAGAR, CEO, that happened on Aug 30 ’23 when 15100.0 shares were purchased. CFO, GOVIL SAAGAR completed a deal on Aug 25 ’23 to buy 7100.0 shares. Meanwhile, CFO GOVIL SAAGAR bought 3000.0 shares on Aug 24 ’23.
