Cemtrex (NASDAQ:CETX) Downgraded by StockNews.com to “Hold”

StockNews.com lowered shares of Cemtrex (NASDAQ:CETX) from a buy rating to a hold rating in a research report sent to investors on Tuesday morning.

Cemtrex Trading Down 2.6 %

CETX opened at $2.63 on Tuesday. The stock has a fifty day moving average of $3.28 and a 200-day moving average of $7.32. Cemtrex has a 12-month low of $2.40 and a 12-month high of $12,096.00. The company has a debt-to-equity ratio of 2.68, a quick ratio of 1.06 and a current ratio of 1.44.

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.