Cemtrex (NASDAQ:CETX) Research Coverage Started at StockNews.com

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

Cemtrex Stock Performance

NASDAQ:CETX opened at $0.23 on Monday. The business has a 50 day simple moving average of $0.29 and a 200 day simple moving average of $2.31. The company has a debt-to-equity ratio of 4.18, a quick ratio of 1.16 and a current ratio of 1.57. Cemtrex has a 12-month low of $0.20 and a 12-month high of $8.00.

Cemtrex (NASDAQ:CETX) last announced its quarterly earnings results on Tuesday, May 14th. The industrial products company reported ($1.46) earnings per share (EPS) for the quarter. Cemtrex had a negative net margin of 7.64% and a negative return on equity of 74.68%. The firm had revenue of $17.16 million for the quarter. During the same period last year, the business posted ($0.75) earnings per share.

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.