Cemtrex Stock Quote Today

CETX
 Stock
  

USD 0.20  0.01  4.76%   

Market Performance
0 of 100
Odds Of Distress
Over 55
Cemtrex is trading at 0.2 as of the 28th of November 2022; that is -4.76 percent decrease since the beginning of the trading day. The stock's open price was 0.21. Cemtrex has over 55 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for Cemtrex are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2022 and ending today, the 28th of November 2022. Click here to learn more.
CUSIP
15130G600
Fiscal Year End
September
Business Domain
Technology Hardware & Equipment
IPO Date
9th of September 1998
Category
Technology
Classification
Information Technology
Cemtrex, Inc. operates as a technology company in the United States and internationally. Cemtrex, Inc. was incorporated in 1998 and is based in Brooklyn, New York. Cemtrex operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. The company has 20.78 M outstanding shares of which 76.43 K shares are currently shorted by private and institutional investors with about 0.39 trading days to cover. More on Cemtrex

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Follow Valuation Odds of Bankruptcy
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Cemtrex Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cemtrex's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cemtrex or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Cemtrex generated a negative expected return over the last 90 days
Cemtrex has high historical volatility and very poor performance
Cemtrex has some characteristics of a very speculative penny stock
Cemtrex has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 51.74 M. Net Loss for the year was (11.27 M) with profit before overhead, payroll, taxes, and interest of 16.97 M.
Cemtrex currently holds about 11.72 M in cash with (14.12 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.44, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Chairman, CEO and PresSaagar Govil
Average Analyst Recommendation
Analysts covering Cemtrex report their recommendations after researching Cemtrex's financial statements, talking to executives and customers, or listening in on Cemtrex's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Cemtrex. The Cemtrex consensus assessment is calculated by taking the average forecast from all of the analysts covering Cemtrex.
Strong Buy1 Opinion
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Cemtrex's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellUndervalued
Cemtrex (CETX) is traded on NASDAQ Exchange in USA and employs 344 people. The company currently falls under 'Nano-Cap' category with current market capitalization of 4.5 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cemtrex's market, we take the total number of its shares issued and multiply it by Cemtrex's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Cemtrex conducts business under Technology sector and is part of Software—Infrastructure industry. The entity has 20.78 M outstanding shares of which 76.43 K shares are currently shorted by private and institutional investors with about 0.39 trading days to cover. Cemtrex currently holds about 11.72 M in cash with (14.12 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.44, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Cemtrex Probability Of Bankruptcy
Ownership
Cemtrex holds a total of twenty million seven hundred eighty thousand outstanding shares. Cemtrex shows 11.41 percent if its outstanding shares held by insiders and 11.41 percent owned by other corporate entities . Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Cemtrex Ownership Details

Cemtrex Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Cemtrex jumping above the current price in 90 days from now is about 75.33%. The Cemtrex probability density function shows the probability of Cemtrex stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Cemtrex has a beta of 0.283 suggesting as returns on the market go up, Cemtrex average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cemtrex will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Cemtrex is significantly underperforming DOW.
  Odds Below 0.2HorizonTargetOdds Above 0.2
24.59%90 days
 0.20 
75.33%
Based on a normal probability distribution, the odds of Cemtrex to move above the current price in 90 days from now is about 75.33 (This Cemtrex probability density function shows the probability of Cemtrex Stock to fall within a particular range of prices over 90 days) .

Cemtrex Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Cemtrex that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cemtrex's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cemtrex's value.
InstituionSecurity TypeTotal SharesValue
Wells Fargo CompanyCommon Shares1550.0
Wells Fargo CompanyCommon Shares9501000
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Cemtrex Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Cemtrex market risk premium is the additional return an investor will receive from holding Cemtrex long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Cemtrex. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Cemtrex's alpha and beta are two of the key measurements used to evaluate Cemtrex's performance over the market, the standard measures of volatility play an important role as well.

Cemtrex Stock Against Markets

Picking the right benchmark for Cemtrex stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Cemtrex stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Cemtrex is critical whether you are bullish or bearish towards Cemtrex at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Cemtrex without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Cemtrex Corporate Directors

Cemtrex corporate directors refer to members of a Cemtrex board of directors. The board of directors generally takes responsibility for the Cemtrex's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Cemtrex's board members must vote for the resolution. The Cemtrex board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Shamik Shah - Independent DirectorProfile
Sunny Patel - Independent DirectorProfile
Metodi Filipov - Independent DirectorProfile
Arun Govil - Executive DirectorProfile

Invested in Cemtrex?

The danger of trading Cemtrex is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Cemtrex is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Cemtrex. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cemtrex is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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Is Cemtrex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cemtrex. If investors know Cemtrex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cemtrex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
5.4 M
Quarterly Revenue Growth YOY
0.32
Return On Assets
(0.14) 
Return On Equity
(0.47) 
The market value of Cemtrex is measured differently than its book value, which is the value of Cemtrex that is recorded on the company's balance sheet. Investors also form their own opinion of Cemtrex's value that differs from its market value or its book value, called intrinsic value, which is Cemtrex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cemtrex's market value can be influenced by many factors that don't directly affect Cemtrex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cemtrex's value and its price as these two are different measures arrived at by different means. Investors typically determine Cemtrex value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cemtrex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.