Cemtrex (NASDAQ:CETX) Now Covered by StockNews.com

Research analysts at StockNews.com began coverage on shares of Cemtrex (NASDAQ:CETX) in a research note issued on Tuesday. The firm set a “hold” rating on the industrial products company’s stock.

Cemtrex Price Performance

Shares of CETX opened at $0.15 on Tuesday. The stock’s 50-day moving average price is $0.17 and its two-hundred day moving average price is $1.18. Cemtrex has a 12 month low of $0.14 and a 12 month high of $7.42. The company has a market capitalization of $1.54 million, a PE ratio of 0.27 and a beta of 1.84. The company has a current ratio of 1.89, a quick ratio of 1.35 and a debt-to-equity ratio of 48.20.

Cemtrex (NASDAQ:CETX) last released its quarterly earnings results on Wednesday, August 14th. The industrial products company reported ($0.18) earnings per share (EPS) for the quarter. Cemtrex had a negative return on equity of 183.95% and a negative net margin of 19.64%. The firm had revenue of $14.69 million for 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.