StockNews.com assumed coverage on shares of Cemtrex (NASDAQ:CETX – Free Report) in a report published on Wednesday morning. The firm issued a sell rating on the industrial products company’s stock.
Cemtrex Price Performance
CETX stock opened at $0.11 on Wednesday. The company’s 50 day moving average is $0.36 and its 200 day moving average is $0.28. The company has a debt-to-equity ratio of 48.20, a quick ratio of 1.35 and a current ratio of 1.89. Cemtrex has a 1-year low of $0.11 and a 1-year high of $389.40.
Shares of Cemtrex are set to reverse split on Tuesday, November 26th. The 1-35 reverse split was announced on Thursday, November 21st. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, November 25th.
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.
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