StockNews.com assumed coverage on shares of Cemtrex (NASDAQ:CETX – Free Report) in a report issued on Wednesday. The firm issued a sell rating on the industrial products company’s stock.
Cemtrex Stock Performance
Cemtrex stock opened at $0.11 on Wednesday. Cemtrex has a 52-week low of $0.11 and a 52-week high of $389.40. The company has a fifty day simple moving average of $0.36 and a 200-day simple moving average of $0.28. 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’s stock is going to reverse split on the morning of Tuesday, November 26th. The 1-35 reverse split was announced on Thursday, November 21st. The number of shares owned by shareholders will be adjusted after the market closes on Monday, November 25th.
About Cemtrex
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.
Featured Stories
- Five stocks we like better than Cemtrex
- Industrial Products Stocks Investing
- Tesla Investors Continue to Profit From the Trump Trade
- What Are Growth Stocks and Investing in Them
- MicroStrategy’s Stock Dip vs. Coinbase’s Potential Rally
- How to Invest in the Best Canadian Stocks
- Netflix Ventures Into Live Sports, Driving Stock Momentum
Receive News & Ratings for Cemtrex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cemtrex and related companies with MarketBeat.com's FREE daily email newsletter.
