Cemtrex (CETX) Stock Price, News & Analysis

Company Overview

Cemtrex, Inc. operates as a technology company in the United States and internationally. It operates through Security, Industrial Services, and Cemtrex Corporate segments. The company offers browser-based video monitoring and analytics-based recognition systems, cameras, servers, and access control systems for security and surveillance in industrial and commercial facilities, federal prisons, hospitals, universities, schools, and federal and state government offices; and provides critical security and video surveillance solutions utilizing artificial intelligence based data algorithms. It also provides services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly; installs high precision equipment in various industrial markets comprising automotive, printing and graphics, industrial automation, packaging, chemicals and others; and provides maintenance and contracting solutions for the machinery, packaging, printing, chemical, and other manufacturing markets. The company was formerly known as Diversified American Holding, Inc. and changed its name to Cemtrex, Inc. in December 2004. Cemtrex, Inc. was incorporated in 1998 and is headquartered in Brooklyn, New York.

Key Stats

• Today's Range: $0.11 to $0.14
• 50-Day Range: $0.09 to $2.56
• 52-Week Range: $0.11 to $389.40
• Volume: 24.06 million shs
• Average Volume: 1.84 million shs
• Market Capitalization: $33,435.90
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Cemtrex Stock Analysis - MarketRank™

Cemtrex scored higher than 2% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Cemtrex.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Cemtrex has a P/B Ratio of 0.00. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

457.04% of the outstanding shares of Cemtrex have been sold short.

Short Interest Ratio / Days to Cover

Cemtrex has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Cemtrex has recently increased by 542.82%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Cemtrex does not currently pay a dividend.

Dividend Growth

Cemtrex does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

457.04% of the outstanding shares of Cemtrex have been sold short.

Short Interest Ratio / Days to Cover

Cemtrex has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Cemtrex has recently increased by 542.82%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.0 / 5
• News Sentiment: -0.15

News Sentiment

Cemtrex has a news sentiment score of -0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Cemtrex this week, compared to 1 article on an average week.

Search Interest

Only 9 people have searched for CETX on MarketBeat in the last 30 days. This is a decrease of -53% compared to the previous 30 days.

MarketBeat Follows

Only 7 people have added Cemtrex to their MarketBeat watchlist in the last 30 days. This is a decrease of -42% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Cemtrex insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.39% of the stock of Cemtrex is held by insiders.

Percentage Held by Institutions

Only 1.97% of the stock of Cemtrex is held by institutions.

CETX Stock Analysis - Frequently Asked Questions

How have CETX shares performed this year?

Cemtrex's stock was trading at $5.01 at the start of the year. Since then, CETX shares have decreased by 97.7% and is now trading at $0.1149.
View the best growth stocks for 2024 here.

How were Cemtrex's earnings last quarter?

Cemtrex, Inc. (NASDAQ:CETX) announced its quarterly earnings data on Tuesday, May, 14th. The industrial products company reported ($1.46) earnings per share (EPS) for the quarter. The industrial products company earned $17.16 million during the quarter. Cemtrex had a negative net margin of 19.64% and a negative trailing twelve-month return on equity of 183.95%.

When did Cemtrex's stock split?

Cemtrex shares reverse split before market open on Tuesday, November 26th 2024. The 1-35 reverse split was announced on Thursday, November 21st 2024. The number of shares owned by shareholders will be adjusted after the market closes on Monday, November 25th 2024. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

How do I buy shares of Cemtrex?

Shares of CETX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Cemtrex own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cemtrex investors own include Buckeye Partners (BPL), Nokia Oyj (NOK), Tesla (TSLA), Advanced Micro Devices (AMD), Digital Ally (DGLY), FuelCell Energy (FCEL) and Meta Platforms (META).

Company Calendar

• Last Earnings: 5/14/2024
• Today: 11/22/2024
• Next Earnings (Estimated): 12/19/2024
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Electronic components & accessories
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:CETX
• CUSIP: N/A
• CIK: 1435064
• Web: www.cemtrex.com
• Phone: (631) 756-9116
• Fax: 631-420-4985
• Employees: 340
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-9,200,000.00
• Net Margins: -19.64%
• Pretax Margin: -19.89%
• Return on Equity: -183.95%
• Return on Assets: -21.06%

Debt

• Debt-to-Equity Ratio: 48.20
• Current Ratio: 1.89
• Quick Ratio: 1.35

Sales & Book Value

• Annual Sales: $65.32 million
• Price / Sales: 0.00
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $500.34 per share
• Price / Book: 0.00

Miscellaneous

• Outstanding Shares: 291,000
• Free Float: 290,000
• Market Cap: $33,435.90
• Optionable: Not Optionable
• Beta: 1.95