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

Equities researchers at StockNews.com started coverage on shares of Cemtrex (NASDAQ:CETX) in a note issued to investors on Monday. The brokerage set a “sell” rating on the industrial products company’s stock.

Cemtrex Stock Down 6.1 %

Shares of NASDAQ CETX opened at $0.25 on Monday. Cemtrex has a twelve month low of $0.24 and a twelve month high of $389.40. The business has a fifty day simple moving average of $0.34 and a two-hundred day simple moving average of $0.43. 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 (NASDAQ:CETX) last released its quarterly earnings data on Wednesday, August 14th. The industrial products company reported ($0.18) earnings per share for the quarter. Cemtrex had a negative net margin of 19.64% and a negative return on equity of 183.95%. The firm had revenue of $14.69 million during 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.