StockNews.com Upgrades Cemtrex (NASDAQ:CETX) to Buy

Cemtrex (NASDAQ:CETX) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday.

Cemtrex Trading Down 2.5 %

Cemtrex stock opened at $3.09 on Friday. Cemtrex has a one year low of $2.71 and a one year high of $12,096.00. The business’s fifty day moving average is $4.23 and its 200 day moving average is $7.73. 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 stock has a market capitalization of $24,720.00, a PE ratio of 0.00 and a beta of 1.75.

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.