Central Securities Corp. (CET)
Central Securities Corp. operates in the Asset Management industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $55.13, up 0.08% on the session, giving a market capitalisation of $1.63B. On trailing twelve-month figures it carries a trailing P/E of 7.40, a net margin of 188.5%. Its beta of 0.74 implies it has historically moved less than the broad market.
Central Securities Corporation functions as a publicly traded entity specializing in investment management. The firm primarily allocates capital within the United States' public stock markets. Additionally, it broadens its investment portfolio to include a diverse range of assets such as various bonds (including convertible and preferred types), warrants, options, and real estate. The company also invests in short-term debt instruments issued by governmental agencies, financial institutions, and corporations. Central Securities Corp. was established on October 1, 1929, and its main office is located in New York City.
Central Securities Corp. is most often compared with the following Financial Services names: