Cemtrex Inc. (NASDAQ:CETX) changes shares on Tuesday trading session, with a change of 0.71% or $0.01 shares. The trading starts at $1.41 and closed at $1.40 throughout the day. The trading session low price was $1.38 and day high was $1.43 on Tuesday, August 04. After the session, the Industrials sector daily volume shifted to 0.43 million while its average volume is 6.07M. In other hand, the CETX market cap reached to $23.58M.
On May 15, 2018, BRIEF-Cemtrex Inc Q2 Earnings Per Share $0.04. According to the news reported on Reuters, * CEMTREX, INC. (CETX) ANNOUNCES RESULTS FOR THE SECOND QUARTER ENDED MARCH 31, 2018
Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -4.73% and down -3.42% for month. Its quarterly performance was 51.21% above, while its half year performance is up 8.46%. CETX yearly performance stood at negative -15.06% and rise 8.46% for year-to-date. Current recommendation for Cemtrex Inc. is 1.00.
Earnings per share or EPS is an important financial measure, which defines the profitability of a company. CETX EPS (TTM) for 12-month is -4.10. Its EPS Q/Q reached 52.50%. It has an EPS of -68.40% down for past five years.
Let’s take a look on the analyst recommendations on CETX for the current month and previous month. For the current month, 1 of 1 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $12.00 – $12.00. Average target price for CETX was reached at $12.00.
The insider ownership moved to 20.36% and institutional holding shifted to 10.00%.
The company posted an EPS (TTM) of -4.10. Comparing with last year, the average estimated EPS was -5.44 which is lower than -1.59 which was posted for recent quarter EPS.
A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for CETX rise 8.56% for period of 200 days. SMA for 50 days was -15.60% which is showing red signal, while SMA-20 was -7.05%. The moving average value for Cemtrex Inc. (CETX) is 1.2629 and 1.6060 for 200 and 50 days respectively.