Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Cemtrex Inc.’s current trading price is -97.94% away from its 52-week high, while its distance from the 52-week low is 2.06%. The stock’s price range over this period has fluctuated between $0.13 and $6.49. The company, operating within the financial sector, had a trading volume of approximately 0.74 million for the day, which was noticeably higher than the average daily share volume of 0.55 million over the last 3 months.
Cemtrex Inc. experienced a rather shaky stock market performance. The highest value in the past year was recorded at $6.49 on 12/22/23 and the lowest value was $0.13 on 09/26/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Cemtrex Inc. (CETX) has experienced a quarterly decline of -40.44% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.34M and boasts a workforce of 333 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.2272, with a change in price of -0.1425. Similarly, Cemtrex Inc. recorded 1,539,258 in trading volume during the last 100 days, posting a change of -51.54%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for CETX stands at 445.60. Similarly, the long-term debt-to-equity ratio is also 362.20.
CETX Stock Stochastic Average
Today, Cemtrex Inc.’s raw stochastic average for the past 50 days stands at 5.08%, indicating a decline from the raw stochastic average of the last 20 days, which was 11.34%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 15.45% and 23.70% respectively.
CETX Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -97.33% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -96.85%. Over the past 30 days, the price of CETX has leaped by -12.07%. And in the last five days, it has fallen by -10.61%.
