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

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

Cemtrex Stock Performance

Shares of CETX stock opened at $0.29 on Friday. The company’s fifty day simple moving average is $3.15 and its two-hundred day simple moving average is $4.09. The company has a current ratio of 0.92, a quick ratio of 0.64 and a debt-to-equity ratio of 0.92. Cemtrex has a 52 week low of $0.25 and a 52 week high of $11.36.

Cemtrex (NASDAQ:CETX) last posted its earnings results on Monday, February 12th. The industrial products company reported ($1.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.86) by ($0.29). The firm had revenue of $16.88 million during the quarter, compared to analysts’ expectations of $15.79 million. Cemtrex had a negative return on equity of 56.88% and a negative net margin of 6.41%. During the same quarter in the prior year, the firm posted ($3.99) earnings per share.

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.