StockNews.com Downgrades Cemtrex (NASDAQ:CETX) to Hold

Cemtrex (NASDAQ:CETX) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued on Tuesday.

Cemtrex Price Performance

Cemtrex stock traded down $0.07 during trading on Tuesday, reaching $2.63. The company had a trading volume of 47,216 shares, compared to its average volume of 160,240. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.44 and a quick ratio of 1.06. Cemtrex has a 12-month low of $2.40 and a 12-month high of $12,096.00. The stock’s 50 day moving average price is $3.28 and its two-hundred day moving average price is $7.32.

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.