Cemtrex (NASDAQ:CETX) Stock Rating Lowered by StockNews.com

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

Cemtrex Stock Up 2.7 %

NASDAQ CETX opened at $2.70 on Tuesday. Cemtrex has a 12 month low of $2.40 and a 12 month high of $12,096.00. The company’s 50 day simple moving average is $3.17 and its 200 day simple moving average is $7.29. The company has a current ratio of 1.44, a quick ratio of 1.06 and a debt-to-equity ratio of 2.68.

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.