Cemtrex (NASDAQ:CETX) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of Cemtrex (NASDAQ:CETX) in a research note published on Friday. The firm issued a sell rating on the industrial products company’s stock.

Cemtrex Stock Down 7.2 %

Shares of Cemtrex stock opened at $0.44 on Friday. The firm has a fifty day moving average price of $0.29 and a two-hundred day moving average price of $0.81. Cemtrex has a fifty-two week low of $0.43 and a fifty-two week high of $389.40. The company has a debt-to-equity ratio of 48.20, a current ratio of 1.89 and a quick ratio of 1.35.

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