Cemtrex (NASDAQ:CETX) Now Covered by StockNews.com

Equities researchers at StockNews.com began coverage on shares of Cemtrex (NASDAQ:CETX) in a report issued on Tuesday. The firm set a “sell” rating on the industrial products company’s stock.

Cemtrex Stock Performance

Shares of NASDAQ CETX opened at $0.20 on Tuesday. Cemtrex has a 52-week low of $0.19 and a 52-week high of $389.40. The company has a debt-to-equity ratio of 48.20, a quick ratio of 1.35 and a current ratio of 1.89. The company’s 50 day moving average price is $0.35 and its 200-day moving average price is $0.31.

Cemtrex (NASDAQ:CETX) last issued its quarterly earnings results on Wednesday, August 14th. The industrial products company reported ($0.18) earnings per share (EPS) for the quarter. Cemtrex had a negative return on equity of 183.95% and a negative net margin of 19.64%. The firm had revenue of $14.69 million during the quarter.

About Cemtrex

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.