Cemtrex Inc (NASDAQ:CETX) shares saw an uptick in trading volume on Tuesday . 717,710 shares were traded during trading, an increase of 306% from the previous session’s volume of 176,661 shares.The stock last traded at $0.61 and had previously closed at $0.59.
Separately, Zacks Investment Research downgraded shares of Cemtrex from a “hold” rating to a “sell” rating in a report on Wednesday.
The company has a current ratio of 1.36, a quick ratio of 0.77 and a debt-to-equity ratio of 0.24.
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Cemtrex Company Profile (NASDAQ:CETX)
Cemtrex, Inc primarily provides electronic manufacturing services. The company operates through three segments: Advanced Technologies, Electronics Manufacturing, and Industrial Technology. The Advanced Technologies segment provides SmartDesk, an IoT product for the desktop PC market; and related white glove installation, extended warranties, and accessories directly to consumers, as well as through value added resellers for enterprises.
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