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

Cemtrex (NASDAQ:CETX) was upgraded by equities researchers at StockNews.com from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.

Cemtrex Trading Down 1.7 %

NASDAQ:CETX opened at $2.84 on Wednesday. The company has a market cap of $22,720.00, a PE ratio of 0.00 and a beta of 1.76. The company has a current ratio of 1.89, a quick ratio of 1.35 and a debt-to-equity ratio of 48.20. The company has a 50 day simple moving average of $5.02 and a two-hundred day simple moving average of $7.95. Cemtrex has a 12 month low of $2.71 and a 12 month high of $12,096.00.

Cemtrex Company Profile

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.