CET Stock Summary and Trading Ideas (Central Securities | AMEX:CET)

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 April 4, 2025, CET stock price declined to $41.05 with 91,492 million shares trading.

CET has a beta of 0.82, meaning it tends to be less sensitive to market movements. CET has a correlation of 0.84 to the broad based SPY ETF.

CET has a market cap of $1.19 billion. This is considered a Small Cap stock.

In the last 3 years, CET traded as high as $49.51 and as low as $33.01.

CET has outperformed the market in the last year with a price return of +5.3% while the SPY ETF was flat at -0.1%. CET has also outperformed the stock market ETF in the last 3 month and 2 week periods returning -9.9% and -9.4%, respectively, while the SPY returned -14.4% and -10.4%, respectively.

CET support price is $43.05 and resistance is $44.09 (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.