Cemtrex Stock Today

CETX Stock  USD 0.18  0.01  5.26%   

Performance

0 of 100

 
Weak
 
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Odds Of Distress

Over 60

 
High
 
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Above Average
Cemtrex is trading at 0.18 as of the 18th of November 2024; that is 5.26 percent decrease since the beginning of the trading day. The stock's open price was 0.19. Cemtrex has more than 60 % chance of experiencing financial distress in the next few years of operation. It also 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 19th of October 2024 and ending today, the 18th of November 2024. Click here to learn more.
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 25.59 M outstanding shares of which 1.33 M shares are currently shorted by private and institutional investors with about 0.11 trading days to cover. More on Cemtrex

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Cemtrex Stock Highlights

Chairman, CEO and PresSaagar Govil
Business ConcentrationElectronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, Information Technology, Electronic Equipment, Instruments & Components, Software—Infrastructure, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.341.41
Notably Down
Slightly volatile
Gross Profit Margin0.260.39
Way Down
Slightly volatile
Total Current Liabilities33 M31.4 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total7.4 M14.7 M
Way Down
Slightly volatile
Total Assets32.7 M55.7 M
Way Down
Slightly volatile
Total Current Assets19.6 M33.7 M
Way Down
Slightly volatile
Debt Levels
Cemtrex can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cemtrex's financial leverage. It provides some insight into what part of Cemtrex's total assets is financed by creditors.
Liquidity
Cemtrex currently holds 26.75 M in liabilities with Debt to Equity (D/E) ratio of 1.25, which is about average as compared to similar companies. Cemtrex has a current ratio of 1.19, suggesting that it is in a questionable position to pay out its financial obligations when due. Note, when we think about Cemtrex's use of debt, we should always consider it together with its cash and equity.

Net Income

(7.89 Million)
Cemtrex (CETX) is traded on NASDAQ Exchange in USA. It is located in 276 Greenpoint Avenue, Buildng 8, Brooklyn, NY, United States, 11222 and employs 328 people. Cemtrex is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.5 M. Cemtrex conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 25.59 M outstanding shares of which 1.33 M shares are currently shorted by private and institutional investors with about 0.11 trading days to cover. Cemtrex currently holds about 11.72 M in cash with (2.23 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 Allocation
Cemtrex holds a total of 25.59 Million outstanding shares. Almost 99.94 percent of Cemtrex outstanding shares are held by general public with 0.02 (percent) owned by insiders and only 0.04 % by other corporate entities. Please note that no matter how many 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.
Check Cemtrex Ownership Details

Cemtrex Stock Institutional Holders

InstituionRecorded OnShares
Tower Research Capital Llc2024-06-30
11.5 K
Bank Of America Corp2024-06-30
87.0
Wells Fargo & Co2024-06-30
0.0
Bridgeway Capital Management, Llc2024-06-30
0.0
Fmr Inc2024-09-30
0.0
Altium Capital Management, Lp2024-06-30
340 K
Hrt Financial Llc2024-06-30
121.8 K
Geode Capital Management, Llc2024-06-30
54.2 K
Warberg Asset Management Llc2024-06-30
48.5 K
Virtu Financial Llc2024-06-30
40.6 K
Ubs Group Ag2024-06-30
31.6 K
View Cemtrex Diagnostics

Cemtrex Historical Income Statement

At this time, Cemtrex's Interest Expense is fairly stable compared to the past year. Income Tax Expense is likely to rise to about 476.1 K in 2024, whereas Depreciation And Amortization is likely to drop slightly above 614.5 K in 2024. View More Fundamentals

Cemtrex Stock Against Markets

Cemtrex Corporate Management

Mark ProvinsalSVP IndustriesProfile
Paul WyckoffCorporate ControllerProfile
Gaurav TaywadeChief StudioProfile
Shane ComptonChief IndustriesProfile
Bret McGowanSVP IndustriesProfile
Christopher MooreChief OfficerProfile

Additional Tools for Cemtrex Stock Analysis

When running Cemtrex's price analysis, check to measure Cemtrex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cemtrex is operating at the current time. Most of Cemtrex's value examination focuses on studying past and present price action to predict the probability of Cemtrex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cemtrex's price. Additionally, you may evaluate how the addition of Cemtrex to your portfolios can decrease your overall portfolio volatility.