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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 $6.28, up 6.44% from the previous day, and has decreased 73.65% in one year. It has underperformed other stocks in the Conglomerates industry by 0.81 percentage points. Cemtrex stock is currently +99.37% from its 52-week low of $3.15, and -77% from its 52-week high of $27.30.

As of Jan 27, 2023, there are 793,681 CETX shares outstanding. The market value of CETX is $4.98M. In the past 24 hours, 250,095 CETX shares were traded.

How to Buy Cemtrex Stock

Wondering how to invest in Cemtrex stock? Here's how.
  1. 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.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Put funds into your investment account: Select your payment method and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our research, eToro is the best place to buy stocks. eToro gives you:

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  • Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
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  • Social investing: eToro offers a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your purchase of shares by signing up for an account with eToro now.

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Step 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

  1. Click here to get started.
  2. Provide your personal data to open a new brokerage account.
  1. Send your application by hitting the "Create Account" button.
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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.

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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

CETX Price
$6.28
1w %
15.68%
1y %
-73.65%
5y %
-99.23%
P/E
-0.35x
P/B
0.36x
P/S
0.09x
PEG
N/A
Revenue
$50.27M
Earnings
-$13.02M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$4.98M
Next Earnings
N/A
Next Dividend
N/A

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 0.36x, relative to Conglomerates industry P/B ratio of 1.74x

You can access additional valuation analysis on CETX's stock here.

CETX Financial Health

Signs that CETX is financially healthy:

  • There are more short-term assets than long-term liabilities on the CETX balance sheet.
  • There are more short-term assets than short-term liabilities on the CETX balance sheet.
  • CETX has $12.20M in cash and short term investments. This is enough to cover its annual cash burn of $17.38M.

Signs that CETX is not financially healthy:

  • CETX has cash burn of 17383789. 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.
  • CETX profit margin has gone down from -18.1% to -25.9% in the past year.
  • CETX has a relatively high debt to equity ratio of 2.23.

Do Wall Street analysts think it's a good time to buy CETX stock

Out of 1 Equities analysts who give recommendations on CETX, the consensus analyst rating on Cemtrex is a Strong Buy

Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are projecting on the Cemtrex stock forecast page.

Metrics for Advanced CETX Traders

SMA10
6.03
SMA20
5.67
SMA50
5.85
SMA100
6.69
SMA200
9.12
MACD
0.12
MACD Signal
0.09
MACD Histogram
0.04
RSI
56.4
Stochastic %K
38.17
Stochastic %D
31.05
StochRSI %K
30.45
StochRSI %D
16.12

CETX Earnings

Last year, CETX revenue was $50.27M. During the past 5 year, CETX's revenue has grown by -16.06% per year. This was slower than the Conglomerates industry average of 11.85%.

Learn more about CETX's earnings and revenue performance here.

Latest Insiders Trades at CETX

Over the last 12 months, insiders at CETX have not bought or sold any shares.

Learn more about who owns CETX stock here.

Does CETX stock generate passive income?

No, Cemtrex doesn't provide an income stream by paying out dividends.

What others are saying about CETX

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Execute your CETX purchase

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a particular price, place a limit order.

Click the Open Trade button and your broker will execute your order.

If you require additional assistance buying stocks on eToro, watch the helpful video below:

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Step 6: Track your investment in CETX

Now that you own some CETX shares, you'll want to stay up-to-date on your new company.

Make a watchlist to see the latest developments about your CETX stock.

CETX Feed

How to Buy Stock in Cemtrex

To reiterate, here are the 6 steps to buy stock in Cemtrex:

  1. Figure out where to buy Cemtrex stock
  2. Open a brokerage account
  3. Put funds into your investment account
  4. Research Cemtrex stock
  5. Execute your CETX purchase
  6. Track your investment in CETX

If you require a online brokerage, eToro is our recommended option.

Get Started with eToro Today

If you would like to get updates on your investment in Cemtrex, get started below.

NASDAQ: CETX
$6.28+0.38 (+6.44%)
Updated Jan 27, 2023
Open eToro Account
NASDAQ: CETX
$6.28+0.38 (+6.44%)
Updated Jan 27, 2023
Open eToro Account

FAQ

How much does it cost to buy one Cemtrex share?

As of Jan 27, 2023, it costs $6.28 to buy one share of Cemtrex stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.478 shares of CETX.

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Is now a good time to buy Cemtrex stock?

According to 1 Wall Street analysts who monitor Cemtrex, their consensus recommendation is to buy Cemtrex stock.

What is the best way to buy Cemtrex stock?

One way to place an order for Cemtrex stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.