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 -99.88% away from its 52-week high, while its distance from the 52-week low is 7.08%. The stock’s price range over this period has fluctuated between $0.45 and $389.40. The company, operating within the financial sector, had a trading volume of approximately 23.12 million for the day, which was noticeably higher than the average daily share volume of 0.99 million over the last 3 months.
Cemtrex Inc. ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $389.40 on 12/22/23, while the lowest value for the same period was recorded at $0.45 on 10/10/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Cemtrex Inc. (CETX) has experienced a quarterly decline of -96.61% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 0.14M 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 11.8432, with a change in price of -25.9104. Similarly, Cemtrex Inc. recorded 883,739 in trading volume during the last 100 days, posting a change of -98.15%.
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 0.36%, indicating a rise from the raw stochastic average of the last 20 days, which was 0.36%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 0.29% and 0.27% respectively.
CETX Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price loss of -99.84% this year. Over the last six months, there has been a stronger performance of -99.76%. The price of CETX leaped by -94.36% during the last 30 days period. For the last 5-days stocks have slided -75.94%.
