Cemtrex (NASDAQ:CETX) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of Cemtrex (NASDAQ:CETX) in a research report released on Monday morning. The firm issued a hold rating on the industrial products company’s stock.

Cemtrex Stock Performance

Cemtrex stock opened at $0.14 on Monday. The company has a current ratio of 1.89, a quick ratio of 1.35 and a debt-to-equity ratio of 48.20. Cemtrex has a 1 year low of $0.14 and a 1 year high of $7.42. The firm’s 50 day moving average price is $0.18 and its 200-day moving average price is $1.31.

Cemtrex (NASDAQ:CETX) last announced its quarterly earnings results on Wednesday, August 14th. The industrial products company reported ($0.18) earnings per share for the quarter. Cemtrex had a negative return on equity of 183.95% and a negative net margin of 19.64%. The business had revenue of $14.69 million during the quarter.

Cemtrex Company Profile

Cemtrex, Inc operates as a technology company in the United States and internationally. It operates through Security, Industrial Services, and Cemtrex Corporate segments. The company offers browser-based video monitoring and analytics-based recognition systems, cameras, servers, and access control systems for security and surveillance in industrial and commercial facilities, federal prisons, hospitals, universities, schools, and federal and state government offices; and provides critical security and video surveillance solutions utilizing artificial intelligence based data algorithms.