Cemtrex (CETX) Earning Favorable Media Coverage, Analysis Finds
News coverage about Cemtrex (NASDAQ:CETX) has trended positive recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cemtrex earned a media sentiment score of 0.35 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 46.0249059536204 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Cemtrex (NASDAQ CETX) traded down $0.05 during mid-day trading on Wednesday, hitting $2.59. The stock had a trading volume of 48,200 shares, compared to its average volume of 352,228. Cemtrex has a 1-year low of $2.38 and a 1-year high of $8.41. The stock has a market capitalization of $27.86, a price-to-earnings ratio of 5.08 and a beta of -0.50. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.31 and a quick ratio of 1.45.
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Cemtrex, Inc is a diversified technology company, which provides solutions to industrial and manufacturing needs. The Company provides manufacturing services of electronic system assemblies; provides broad-based industrial services, instruments and emission monitors for industrial processes, and provides industrial air filtration and environmental control systems.
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