At the time of writing, Cemtrex Inc [CETX] stock is trading at $1.21, down -5.12%. An important factor to consider is whether the stock is rising or falling in short-term value. The CETX shares have lost -4.37% over the last week, with a monthly amount drifted -7.31%, and not 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.
For the past year, the stock price of Cemtrex Inc fluctuated between $0.85 and $381.57. Currently, Wall Street analysts expect the stock to reach $24633 within the next 12 months. Cemtrex Inc [NASDAQ: CETX] shares were valued at $1.21 at the most recent close of the market. An investor can expect a potential return of 2035685.12% based on the average CETX price forecast.
Analyzing the CETX fundamentals
According to Cemtrex Inc [NASDAQ:CETX], the company’s sales were 76.10M for trailing twelve months, which represents an 15.52% jump. 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 of3.65.
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 1.1467 points at the first support level, and at 1.0883 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.2967, and for the 2nd resistance point, it is at 1.3883.
Ratios To Look Out For
It is important to note that Cemtrex Inc [NASDAQ:CETX] has a current ratio of 1.20. On the other hand, the Quick Ratio is 0.96, and the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 0.09, the price to book ratio is 1.17 and price to earnings (TTM) ratio is 0.00.
