Cemtrex (NASDAQ:CETX) Coverage Initiated at StockNews.com

Analysts at StockNews.com assumed coverage on shares of Cemtrex (NASDAQ:CETX) in a research note issued to investors on Wednesday. The brokerage set a “sell” rating on the industrial products company’s stock.

Cemtrex Trading Down 15.7 %

Shares of CETX stock opened at $0.20 on Wednesday. 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 fifty-two week low of $0.16 and a fifty-two week high of $389.40. The company has a 50 day moving average price of $0.36 and a 200 day moving average price of $0.28.

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.