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

Equities researchers at StockNews.com assumed coverage on shares of Cemtrex (NASDAQ:CETX) in a research report issued to clients and investors on Friday. The firm set a “hold” rating on the industrial products company’s stock.

Cemtrex Stock Up 2.3 %

NASDAQ:CETX opened at $0.25 on Friday. The business has a fifty day simple moving average of $0.90 and a two-hundred day simple moving average of $3.06. The company has a debt-to-equity ratio of 4.18, a current ratio of 1.57 and a quick ratio of 1.16. Cemtrex has a 1 year low of $0.22 and a 1 year high of $8.90.

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

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.