Cemtrex (NASDAQ:CETX) Earns Hold Rating from Analysts at StockNews.com

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

Cemtrex Price Performance

Cemtrex stock opened at $0.16 on Tuesday. The company has a fifty day simple moving average of $0.17 and a 200-day simple moving average of $1.15. The firm has a market capitalization of $1.70 million, a price-to-earnings ratio of 0.30 and a beta of 1.84. 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 has a 52-week low of $0.14 and a 52-week high of $7.42.

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

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.