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

StockNews.com began coverage on shares of Cemtrex (NASDAQ:CETX) in a report published on Saturday morning. The firm issued a sell rating on the industrial products company’s stock.

Cemtrex Stock Performance

NASDAQ:CETX opened at $0.29 on Friday. 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 $0.27 and a fifty-two week high of $389.40. The company has a 50 day simple moving average of $0.32 and a two-hundred day simple moving average of $0.60. The company has a market capitalization of $3.14 million, a PE ratio of 0.01 and a beta of 1.84.

Cemtrex (NASDAQ:CETX) last released its quarterly earnings results on Wednesday, August 14th. The industrial products company reported ($0.18) earnings per share (EPS) for the quarter. Cemtrex had a negative return on equity of 183.95% and a negative net margin of 19.64%. The firm had revenue of $14.69 million for the quarter.

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.