The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Cemtrex Inc.’s current trading price is -99.48% away from its 52-week high, while its distance from the 52-week low is -10.27%. The stock’s price range for this period has been between $2.24 and $389.40 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 5.82 million for the day, a number notably higher than the average daily volume of 80150.0 over the last three months.
Cemtrex Inc.’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $389.40 on 12/22/23 and a low of $2.24 for the same time frame on 10/04/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Cemtrex Inc. (CETX) has experienced a quarterly decline of -84.49% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 0.58M 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 12.92, with a change in price of -14.87. Similarly, Cemtrex Inc. recorded 132,415 in trading volume during the last 100 days, posting a change of -88.09%.
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
As of today, Cemtrex Inc.’s raw stochastic average for the last 50 days stands at 2.69%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 3.26%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 4.16% and 5.51%, respectively.
CETX Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -99.33%. However, over the last six months, the performance has been stronger by -99.04%. The price of CETX decreased -77.95% over the last 30 days. And in the last five days, it has fallen by -72.76%.
