StockNews.com Begins Coverage on Cemtrex (NASDAQ:CETX)

StockNews.com began coverage on shares of Cemtrex (NASDAQ:CETX) in a research report sent to investors on Sunday. The brokerage issued a sell rating on the industrial products company’s stock.

Cemtrex Stock Performance

Shares of Cemtrex stock opened at $0.29 on Friday. The company has a current ratio of 1.89, a quick ratio of 1.35 and a debt-to-equity ratio of 48.20. The stock’s fifty day moving average price is $0.34 and its 200-day moving average price is $0.47. The firm has a market cap of $3.08 million, a P/E ratio of 0.01 and a beta of 1.84. Cemtrex has a 12 month low of $0.27 and a 12 month high of $389.40.

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