Cemtrex Inc [CETX] stock is trading at $1.92, up 11.63%. An important factor to consider is whether the stock is rising or falling in short-term value. The CETX shares have gain 23.87% over the last week, with a monthly amount glided 50.59%, and seem to be holding up well over a long-time horizon.
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.
Cemtrex Inc [CETX] stock has fluctuated between $1.14 and $1176.00 over the past year. Currently, Wall Street analysts expect the stock to reach $24633 within the next 12 months. Cemtrex Inc [NASDAQ: CETX] shares were valued at $1.92 at the most recent close of the market. An investor can expect a potential return of 1282868.75% based on the average CETX price forecast.
Analyzing the CETX fundamentals
Cemtrex Inc [NASDAQ:CETX] reported sales of 63.73M for the trailing twelve months, which represents a drop of -18.59%. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at -0.55%, Pretax Profit Margin comes in at -0.49%, and Net Profit Margin reading is -0.5%. To continue investigating profitability, this company’s Return on Assets is posted at -0.54, Equity is -10.38 and Total Capital is -1.22. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.2.
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 1.6600 points at the first support level, and at 1.4000 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.1200, and for the 2nd resistance point, it is at 2.3200.
Ratios To Look Out For
For context, Cemtrex Inc’s Current Ratio is 1.16. On the other hand, the Quick Ratio is 0.72, and the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 0.05.
