Cemtrex Inc (NASDAQ:CETX) shares, rose in value on Wednesday, June 18, with the stock price down by -2.86% to the previous day’s close as strong demand from buyers drove the stock to $1.02.
Actively observing the price movement in the last trading, the stock closed the session at $1.05, falling within a range of $1.0 and $1.0562. The value of beta (5-year monthly) was 1.473. Referring to stock’s 52-week performance, its high was $581.70, and the low was $0.85. On the whole, CETX has fluctuated by -50.24% over the past month.
With the market capitalization of Cemtrex Inc currently standing at about $3.28 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 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% 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 -9.83% and -23.82% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.58, while the 7-day volatility ratio is showing 2.50% which for the 30-day chart, stands at 15.55%. Furthermore, Cemtrex Inc (CETX)’s beta value is 1.47, and its average true range (ATR) is 0.18.
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 -2.86% in last session, and over the past year, it shrunk by -99.83%%.
Data on historical trading for Cemtrex Inc (NASDAQ:CETX) indicates that the trading volumes over the past 10 days have averaged 0.81 and over the past 3 months, they’ve averaged 491.74K. 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 0.39 million shares as on 2025-05-30, resulting in a short ratio of 0.41. According to the data, the short interest in Cemtrex Inc (CETX) stood at 1273.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 0.17 million. The stock has fallen by -64.71% 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.
