Cambridge Technology Enterprises Limited
Share Price Target & Analysis
NSE:CTE
VWAP
Open
Close
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Low
52 Week High
-2.00 (-2.19%)
CTE
(IT)Turnaround Potential
52 Week Low
EPS
PE
PB
Economical
Quality
Gold
Valuation
#Analysis
NSE: CTE Share Price Financial Analysis & Valuation
Cambridge Technology Enterprises Limited (CTE) is broadly categorized in IT segment industry which deals in Computers - Software Medium & Small vertical.
It is one of Micro Cap company with Market Capitalization of Rs 177.1 (in Cr). Total number of free float shares are 2 (in Lacs).
Cambridge Technology Enterprises Limited is listed on NSE with Exchange ID - INE627H01017 and trading code is NSE:CTE with short name Cambridge Tech.
In the past 1 year, Cambridge Technology Enterprises Limited has declared an equity dividend of Rs 0 per share. At the current share price of CTE at Rs 89.30, this results in a dividend yield of 0 %.
As per the Fundamental Analysis of NSE:CTE, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine CTE underlying value and future prospects. All of this data is available in CTE financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:CTE, it is clearly understood that CTE is Economical performer in terms of earnings and profit margins with an EPS of 2.03. NSE:CTE book value per share as of today is 23.19. The current price to book ratio for CTE as of May 16, 2024 is 3.85.
Valuation of the Stock: The current valuation of CTE stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of CTE whether to BUY this stock at current valuation. The delivery percentage of CTE is 47.16% is very crucial parameter which shows that 47.16% investors are anticipating that the price of CTE share should go up with VWAP at 103.52.
Now, the main question is whether to BUY or SELL, NSE:CTE at current valuation.
As per latest Analysis No. #899:-
⇑ STRONG BUY CTE if All Greens
⇗ BUY CTE (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD CTE (With Stop Loss) if only 1 Green
⇘ SELL CTE if NO Green Indicator
NSE: CTE Share Price Today (May 16, 2024)
(Cambridge Technology Enterprises Limited Daily Analysis on the basis of CTE Intraday Graph & Trend)
Cambridge Technology Enterprises Limited share price moved Down by -2.19% from its previous close of Rs 90. CTE stock last traded price is 89.30. CTE share price trend is Down with a total of 64155 stocks traded till now. It has touched an intraday high of Rs 108.00 and an intraday low of Rs 101.65. The CTE trading at 89.30, Down by Rs. -2.00, or -2.19 percent which suggests that most of the Traders are anticipating that the price of CTE share should go Down.
NSE: CTE Share Price Tomorrow Prediction
(Cambridge Technology Enterprises Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of CTE)
Cambridge Technology Enterprises Limited share price moved Down by -2.19%. CTE share price short term trend is Down. It suggests that CTE Share Price for Tomorrow remains the same with VWAP at 103.52 will be treated as stop loss for intraday traders. Cambridge Technology Enterprises Limited Long term investors can follow the CTE long term trend as mentiond in future forecast table.
NSE Code |
NSE: CTE |
CTE Share Price Today |
89.30 |
CTE Share Price Target Prediction for 2024 ^ |
55.8 - 96.9 |
CTE Share Price Target Prediction for 2025*^ |
96.9 - 138.1 |
CTE Share Price Target Prediction for 2026*^ |
138.1 - 147.8 |
CTE Share Price Target Prediction for 2027*^ |
155 |
CTE Share Price Target Prediction for 2028*^ |
160 |
CTE Share Price Target Prediction for 2030*^ |
174 |
| CTE Current Book Value 2023 |
23.1 |
*Cambridge Technology Enterprises Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^CTE share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
CTE Technical Analysis
Candlestick Pattern: @89.3| MA | Simple | Action S1 | Expo | Action E2 |
|---|---|---|---|---|
| MA_5 | 90.65 | SELL | 91.06 | SELL |
| MA_12 | 96.47 | SELL | 93.63 | SELL |
| MA_20 | 95 | SELL | 94.23 | SELL |
| MA_32 | 93.3 | SELL | 94.5 | SELL |
| MA_50 | 96.77 | SELL | 93.93 | SELL |
| MA_100 | 92.04 | SELL | 90.62 | SELL |
| MA_200 | 76.77 | BUY | 81.51 | BUY |
| Trend Oscillators | Value | Action |
|---|---|---|
| Bollinger Bands | 95 | Downtrend |
| MACD | -1.07 | SELL |
| ADX | 15.8 | NO or Weak Trend |
| DMI (+/-) | 20.3 / 31.59 | Downtrend |
| Momentum Oscillators | Value | Action |
|---|---|---|
| RSI | 40.35 | Neutral |
| STOCHASTIC_K (Fast) | 28.39 | Neutral |
| STOCHASTIC_D (Slow) | 15.94 | Oversold |
| CCI | -93.76 | Neutral |
| PSAR | 104.53 | SELL |
| TRUE RANGE | 0.7 | Neutral |
| ATR | 3.63 | Neutral |
| WILLIAMS R | -92.35 | Oversold |
| TRIX | 0 | Neutral |
| STOCHASTIC RSI K | 0 | Oversold |
| STOCHASTIC RSI D | 4.24 | Oversold |
| MOMENTUM | -3.8 | SELL |
| Duration | Value |
|---|---|
| 1 Year | 60.18% |
| 3 Months | 4.63% |
| 1 Month | -4.08% |
| 1 Week | -6.05% |
| Action | Overall (%) |
|---|---|
| BUY | 7% |
| NEUTRAL / HOLD | 23% |
| SELL | 70% |
Most popular Questions & Answers about CTE
Cambridge Technology Enterprises Limited stock last traded price is 89.30. CTE share price moved Down by -2.19% from its previous close of Rs 90.
Cambridge Technology Enterprises Limited share price trend is Down with a total of 64155 stocks traded till now. It has touched an intraday high of Rs 130.29 and an intraday low of Rs 101.65. The CTE trading at 89.30, Down by Rs. -2.00, or -2.19 percent which suggests that most of the Traders are anticipating that the price of CTE share should go Down and the Stop Loss will be around 103.52.
The market cap of Cambridge Technology Enterprises Limited is ₹177.1 (in Cr) as of May 15, 2024.
The current price to earning ratio for Cambridge Technology Enterprises Limited as of May 15, 2024 is 31.12.
The current price to book ratio for Cambridge Technology Enterprises Limited as of May 15, 2024 is 3.85.
The highest price of Cambridge Technology Enterprises Limited stock is ₹129.00 in the last 52-week.
The lowest price of Cambridge Technology Enterprises Limited stock is ₹53.20 in the last 52-week.
Cambridge Technology Enterprises Limited share trading at ₹89.30, Down by Rs. -2.00, or -2.19 percent which suggests that most of the traders are anticipating that the price of CTE share should go Down.
In 2023, Stock price target for Cambridge Technology Enterprises Limited (CTE) are ₹55.8 on downside and ₹96.9 on upside. Cambridge Technology Enterprises Limited share price target is based on current financial year earings of the company.
In 2024, Stock price target for Cambridge Technology Enterprises Limited (CTE) are ₹96.9 on downside and ₹138.1 on upside. Cambridge Technology Enterprises Limited share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Cambridge Technology Enterprises Limited (CTE) are ₹138.1 on downside and ₹147.8 on upside. Cambridge Technology Enterprises Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.
In next five years, Stock price target for Cambridge Technology Enterprises Limited (CTE) will be around ₹160 Cambridge Technology Enterprises Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of CTE.
As per the fundamental analysis of Cambridge Technology Enterprises Limited (CTE), it is of Economical quality in terms of earnings and profit margins with an EPS of 2.03. Cambridge Technology Enterprises Limited book value per share as of today is 23.19. The current price to book ratio for CTE as of May 16, 2024 is 3.85.
NSE:CTE News & Other Useful Information about CTE Share Price
Peer Comparison of NSE: CTE
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Computers - Software Medium & Small
| Company | Price | EPS | BV |
|---|---|---|---|
| AURUM | 151.60 | 0 | 60.46 |
| TANLA | 898.85 | 11.35 | 42.19 |
| BCG | 12.25 | 0.09 | 7.8 |
| BSOFT | 612.45 | 10.82 | 44.23 |
| FSL | 195.15 | 4.59 | 34.59 |
| SONATSOFTW | 527.85 | 12.79 | 21.93 |
| ECLERX | 2302.45 | 75.28 | 236.58 |
| VAKRANGEE | 25.70 | 0.04 | 25.5 |
| RSYSTEMS | 425.10 | 14.57 | 40.81 |
| DATAMATICS | 544.95 | 14.62 | 130.08 |