Cemtrex (NASDAQ:CETX) Upgraded to Hold at StockNews.com

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

Cemtrex Price Performance

CETX stock opened at $2.89 on Wednesday. Cemtrex has a 1 year low of $2.71 and a 1 year 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. The firm has a market capitalization of $23,120.00, a PE ratio of 0.00 and a beta of 1.76. The business has a 50 day simple moving average of $5.17 and a 200-day simple moving average of $7.98.

About Cemtrex

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.