StockNews.com Downgrades Cemtrex (NASDAQ:CETX) to Hold

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

Cemtrex Price Performance

Cemtrex stock opened at $2.63 on Tuesday. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.44 and a quick ratio of 1.06. Cemtrex has a one year low of $2.40 and a one year high of $12,096.00. The company’s fifty day moving average price is $3.28 and its two-hundred day moving average price is $7.32.

About Cemtrex

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.