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

StockNews.com initiated coverage on shares of Cemtrex (NASDAQ:CETX) in a research report sent to investors on Tuesday. The brokerage issued a sell rating on the industrial products company’s stock.

Cemtrex Stock Performance

CETX opened at $0.18 on Tuesday. The firm’s 50-day simple moving average is $0.35 and its 200-day simple moving average is $0.30. 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 twelve month low of $0.18 and a twelve month high of $389.40.

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