Cemtrex (NASDAQ:CETX) Coverage Initiated by Analysts at StockNews.com

StockNews.com began coverage on shares of Cemtrex (NASDAQ:CETX) in a report published on Monday morning. The brokerage issued a sell rating on the industrial products company’s stock.

Cemtrex Stock Performance

Shares of NASDAQ:CETX opened at $0.19 on Monday. The business has a fifty day simple moving average of $0.35 and a 200-day simple moving average of $0.37. Cemtrex has a 52 week low of $0.19 and a 52 week high of $389.40. The company has a quick ratio of 1.35, a current ratio of 1.89 and a debt-to-equity ratio of 48.20.

Cemtrex (NASDAQ:CETX) last posted its quarterly 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 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.