Cemtrex Inc (NASDAQ:CETX) shares, rose in value, with the stock price up by 2.03% to the previous day’s close as strong demand from buyers drove the stock to $1.31.
Actively observing the price movement in the recent trading, the stock is buoying the session at $1.28, falling within a range of $1.28 and $1.3979. The value of beta (5-year monthly) is 1.473. Referring to stock’s 52-week performance, its high was $529.20, and the low was $0.85. On the whole, CETX has fluctuated by 36.94% over the past month.
With the market capitalization of Cemtrex Inc currently standing at about $4.20 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Feb-12.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CETX’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of CETX currently trading nearly 17.64% and 0.00% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 59.71, while the 7-day volatility ratio is showing 14.96% which for the 30-day chart, stands at 12.63%. Furthermore, Cemtrex Inc (CETX)’s beta value is 1.58.
A comparison of Cemtrex Inc (CETX) with its peers suggests the former has fared considerably weaker in the market. CETX showed an intraday change of 2.03% in today’s session so far, and over the past year, it shrunk by -54.81%%.
Data on historical trading for Cemtrex Inc (NASDAQ:CETX) indicates that the trading volumes over the past 10 days have averaged 1.75 and over the past 3 months, they’ve averaged 801.09K. According to company’s latest data on outstanding shares, there are 3.22 million shares outstanding.
Nearly 8.41% of Cemtrex Inc’s shares belong to company insiders and institutional investors own 5.12% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.63 million shares as on 2025-06-13, resulting in a short ratio of 0.51. According to the data, the short interest in Cemtrex Inc (CETX) stood at 1953.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 0.17 million. The stock has fallen by -99.71% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CETX stock heading into the next quarter.
