Cemtrex (NASDAQ:CETX) Downgraded to “Hold” Rating by StockNews.com

Cemtrex (NASDAQ:CETX) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a research report issued on Tuesday.

Cemtrex Stock Up 2.7 %

Shares of NASDAQ CETX opened at $2.70 on Tuesday. Cemtrex has a one year low of $2.40 and a one year high of $12,096.00. The company has a debt-to-equity ratio of 2.68, a quick ratio of 1.06 and a current ratio of 1.44. The business has a 50-day moving average price of $3.17 and a two-hundred day moving average price of $7.29.

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.