Cemtrex (NASDAQ:CETX) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Cemtrex (NASDAQ:CETX) in a research note published on Friday morning. The firm issued a hold rating on the industrial products company’s stock.

Cemtrex Trading Up 4.1 %

Shares of CETX stock opened at $1.78 on Friday. The company has a current ratio of 0.92, a quick ratio of 0.64 and a debt-to-equity ratio of 0.92. The firm has a 50-day moving average of $3.49 and a 200-day moving average of $4.27. Cemtrex has a one year low of $1.61 and a one year high of $11.45.

Cemtrex (NASDAQ:CETX) last released its earnings results on Monday, February 12th. The industrial products company reported ($1.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.86) by ($0.29). The business had revenue of $16.88 million during the quarter, compared to the consensus estimate of $15.79 million. Cemtrex had a negative net margin of 6.41% and a negative return on equity of 56.88%. During the same period in the prior year, the company earned ($3.99) earnings per share.

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.