StockNews.com Upgrades Cemtrex (NASDAQ:CETX) to “Hold”

StockNews.com upgraded shares of Cemtrex (NASDAQ:CETX) from a sell rating to a hold rating in a report published on Wednesday morning.

Cemtrex Stock Up 12.3 %

Shares of NASDAQ CETX opened at $3.19 on Wednesday. The firm’s 50-day moving average is $4.88 and its two-hundred day moving average is $7.91. The company has a market capitalization of $25,520.00, a PE ratio of 0.00 and a beta of 1.76. Cemtrex has a 12-month low of $2.71 and a 12-month high of $12,096.00. 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 Company Profile

Cemtrex, Inc engages in the provision of solutions in the technology industry. It operates through the following segments: Security, Industrial Services, and Cemtrex Corporate. The Security segment provides end-to-end security solutions to meet corporate, industrial, and governmental security challenges.