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

Cemtrex (NASDAQ:CETX) was downgraded by stock analysts at StockNews.com from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday.

Cemtrex Stock Performance

CETX opened at $2.27 on Wednesday. The company has a 50-day moving average of $2.97 and a 200-day moving average of $7.05. Cemtrex has a 1-year low of $2.24 and a 1-year high of $12,096.00. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.44 and a quick ratio of 1.06.

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.