StockNews.com began coverage on shares of Cemtrex (NASDAQ:CETX – Get Rating) in a research report report published on Tuesday. The firm issued a hold rating on the industrial products company’s stock.
Cemtrex Stock Performance
Shares of NASDAQ:CETX opened at $0.22 on Tuesday. The business has a 50 day moving average price of $0.30 and a 200 day moving average price of $0.38. Cemtrex has a twelve month low of $0.22 and a twelve month high of $1.73. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.90 and a current ratio of 1.21.
Cemtrex (NASDAQ:CETX – Get Rating) last announced its earnings results on Monday, August 15th. The industrial products company reported ($0.03) earnings per share for the quarter. Cemtrex had a negative net margin of 37.78% and a negative return on equity of 55.21%. The business had revenue of $13.63 million for the quarter.
Institutional Trading of Cemtrex
Cemtrex, Inc operates as a technology company in the United States and internationally. The company operates through Advanced Technologies and Industrial Services segments. The Advanced Technologies segment provides Internet of Things products and smart devices under the SmartDesk name for mobile, web, virtual and augmented reality, wearables, and television markets; and security and video surveillance solutions, and virtual and augmented reality solutions for various commercial and industrial applications.
- Get a free copy of the StockNews.com research report on Cemtrex (CETX)
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