Cemtrex (NASDAQ:CETX) Receives New Coverage from Analysts at StockNews.com

StockNews.com started coverage on shares of Cemtrex (NASDAQ:CETX) in a research note released on Tuesday morning. The brokerage issued a hold rating on the industrial products company’s stock.

Cemtrex Price Performance

Shares of CETX stock opened at $0.16 on Tuesday. The company has a debt-to-equity ratio of 48.20, a current ratio of 1.89 and a quick ratio of 1.35. The company has a market capitalization of $1.70 million, a PE ratio of 0.30 and a beta of 1.84. The firm’s 50-day moving average is $0.17 and its two-hundred day moving average is $1.15. Cemtrex has a 12 month low of $0.14 and a 12 month high of $7.42.

Cemtrex (NASDAQ:CETX) last announced 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 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.