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Business Wire (Mon, 23-Feb 5:12 PM ET)
Central’s investment objective is long-term growth of capital. The fund invests primarily in common stocks, but may invest in bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks and corporations. Managements philosophy is based on value investing combined with a policy of remaining generally fully invested. Management employs a variety of strategies and does not use a particular formula.
Central Securities trades on the AMEX stock market under the symbol CET.
As of March 18, 2026, CET stock price declined to $50.05 with 29,606 million shares trading.
CET has a beta of 0.81, meaning it tends to be less sensitive to market movements. CET has a correlation of 0.87 to the broad based SPY ETF.
CET has a market cap of $1.48 billion. This is considered a Small Cap stock.
In the last 3 years, CET traded as high as $52.95 and as low as $33.51.
CET has underperformed the market in the last year with a price return of +16.4% while the SPY ETF gained +17.9%. However, in the short term, CET had mixed performance relative to the market. It has outperformed in the last 3 months, returning +0.2% vs -1.2% return in SPY. But in the last 2 weeks, CET shares have been beat by the market, returning -4.0% compared to an SPY return of -2.8%.
CET support price is $49.79 and resistance is $51.33 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CET shares will trade within this expected range on the day.
