The market performance of Cemtrex Inc.’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $389.40 on 12/22/23, while the lowest value for the same duration was $0.38 on 10/18/24.
52-week price history of CETX Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Cemtrex Inc.’s current trading price is -99.93% away from its 52-week high, while its distance from the 52-week low is -23.59%. The stock’s price range during the 52-week period has remained between $0.38 and $389.40. In the Technology sector, the company’s shares saw a trading volume of around 20.06 million for the day, which was evidently higher than the average daily volume of 2.56 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Cemtrex Inc. (CETX) has experienced a quarterly decline of -97.76% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 0.08M and boasts a workforce of 333 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 10.7542, with a change in price of -21.3635. Similarly, Cemtrex Inc. recorded 1,880,592 in trading volume during the last 100 days, posting a change of -98.66%.
Examining CETX’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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
Cemtrex Inc.’s raw stochastic average for the past 50 days is presently 0.18%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 0.21%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 0.40% and 0.35%, 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. Year to date metric has recorded a loss of -99.90%.However, over the last six months, we can see a stronger performance of -99.85%. Over the last 30 days, the price of CETX has leaped by -96.77%. And in the last five days, it has fallen by -33.22%.
