Cemtrex (NASDAQ:CETX) Raised to “Hold” at StockNews.com

Cemtrex (NASDAQ:CETX) was upgraded by investment analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued on Wednesday.

Cemtrex Stock Performance

CETX stock opened at $2.84 on Wednesday. The stock’s 50 day simple moving average is $5.02 and its 200 day simple moving average is $7.95. The company has a current ratio of 1.89, a quick ratio of 1.35 and a debt-to-equity ratio of 48.20. Cemtrex has a 12-month low of $2.71 and a 12-month high of $12,096.00. The stock has a market capitalization of $22,720.00, a PE ratio of 0.00 and a beta of 1.76.

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.