Cemtrex (NASDAQ:CETX) Rating Increased to Hold at StockNews.com

StockNews.com upgraded shares of Cemtrex (NASDAQ:CETX) from a sell rating to a hold rating in a research note published on Wednesday.

Cemtrex Stock Performance

Shares of Cemtrex stock opened at $2.89 on Wednesday. The firm has a market cap of $23,120.00, a PE ratio of 0.00 and a beta of 1.76. 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 $2.71 and a 52 week high of $12,096.00. The business’s fifty day simple moving average is $5.17 and its 200-day simple moving average is $7.98.

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.