How to Buy Cemtrex Stock
Cemtrex Inc
Cemtrex, Inc. operates as a technology company in the United States and internationally. The company operates through Advanced Technologies and Industrial Services segments.
Cemtrex stock last closed at $2.16, down 13.25% from the previous day, and has decreased 76.65% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.91 percentage points. Cemtrex stock is currently +8% from its 52-week low of $2.00, and -81.14% from its 52-week high of $11.45.
As of Apr 24, 2024, there are 1.06M CETX shares outstanding. The market value of CETX is $2.28M. In the past 24 hours, 138,491 CETX shares were traded.
How to Buy Cemtrex Stock
Wondering how to invest in Cemtrex stock? Here's how.
- Figure out where to buy Cemtrex stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Cemtrex stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Select your payment method and add your details.
- Research Cemtrex stock: The Cemtrex ticker symbol is CETX. Is Cemtrex stock a good investment? Should you buy shares of CETX? How do CETX's underlying business fundamentals look? Do top analysts think Cemtrex is a good buy? Why has CETX's stock price moved recently? (Hint: Our stock market research website can help you figure out if CETX is a good stock to buy).
- Execute your CETX purchase: Decide if you will purchase CETX shares at the current market price or use a limit order to buy CETX stock at a given price.
- Track your investment in CETX: Create a watchlist to keep tabs on your position in Cemtrex stock.
Step 1: Figure out where to buy Cemtrex stock
You will need a brokerage account in order to access the NASDAQ market and buy CETX stock.
Our preferred brokerage: eToro
Based on our research, eToro is the best place to buy stocks. eToro gives you:
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- Security: eToro is a regulated and licensed brokerage platform.
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Get $10 towards your purchase of shares by signing up for an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal info so you are able to buy CETX stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open a new brokerage account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've created your account on our top ranked stock market app, you need to deposit funds:
Check out the walkthrough below for more details depositing money into your investment account.
Step 4: Research Cemtrex stock
Once you have figured out the best place to buy Cemtrex stock, it's critical to research their stock before you invest, so you can comprehend the risk and upside.
Cemtrex quick stats
Fundamentals of CETX
WallStreetZen was designed to help everyday investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on CETX's stock page.
What is the fair value of CETX stock?
You can use many financial metrics, analyses, models, and charts to gauge CETX's fair value.
Using relative valuations ratios:
- CETX could be undervalued based on its P/B ratio of 0.34x, relative to Software - Infrastructure industry P/B ratio of 11.8x
You can access additional valuation analysis on CETX's stock here.
CETX Financial Health
Signs that CETX is financially healthy:
- CETX has $4.03M in cash and short term investments. This is enough to cover its annual cash burn of $4.46M.
- There are more short-term assets than long-term liabilities on the CETX balance sheet.
- CETX profit margin has gone up from -31.1% to -6.4% in the past year.
Signs that CETX is not financially healthy:
- CETX has a relatively high debt to equity ratio of 5.62.
- There are more short-term liabilities than short-term assets on the CETX balance sheet.
- CETX has cash burn of 4458577. It does not have sufficient cash and short-term investments to cover this.
- Total CETX debt is higher than 5 years ago, relative to shareholder equity.
You can dig deeper into what analysts are projecting on the Cemtrex stock forecast page.
CETX Trading Indicators
CETX Performance Metrics
Last year, CETX revenue was $64.28M. In the past 4 year, CETX's revenue has increased by 8.86% per year. This was slower than the Software - Infrastructure industry average of 17.1%.
You can research CETX's earnings and revenue performance here.
Who is buying/selling CETX?
In the past 12 months, insiders at CETX have bought more shares than they have sold.
Saagar Govil, CEO of CETX, was the latest CETX insider to buy. They bought $14,375.20 worth of CETX stock on Aug 30, 2023.
Learn more about who owns CETX shares here.
Does CETX stock generate passive income?
No, Cemtrex doesn't provide an income stream by paying out dividends.
What do other investors have to say about CETX?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Execute your CETX purchase
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount limit, use a limit order.
Click the Open button and eToro will execute your order.
If you require more help with investing in stocks on eToro, watch the helpful video below:
Step 6: Track your investment in CETX
Now that you own some CETX shares, you'll want to stay up-to-date on your investment.
Make a watchlist to monitor your CETX stock.
CETX Feed
How to Buy Stock in Cemtrex
To reiterate, here are the 6 steps for buying Cemtrex stock:
- Figure out where to buy Cemtrex stock
- Open a brokerage account
- Put funds into your investment account
- Research Cemtrex stock
- Execute your CETX purchase
- Track your investment in CETX
If you are looking for a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Cemtrex, click the button below.
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