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

Analysts at StockNews.com assumed coverage on shares of Cemtrex (NASDAQ:CETXGet Rating) in a report issued on Friday. The firm set a “hold” rating on the industrial products company’s stock.

Shares of NASDAQ CETX opened at $0.29 on Friday. Cemtrex has a fifty-two week low of $0.26 and a fifty-two week high of $2.56. The firm’s 50-day simple moving average is $0.34 and its 200 day simple moving average is $0.60. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.02 and a current ratio of 1.30.

Cemtrex (NASDAQ:CETXGet Rating) last released its earnings results on Monday, May 16th. The industrial products company reported ($0.20) earnings per share (EPS) for the quarter. The firm had revenue of $12.73 million for the quarter. Cemtrex had a negative return on equity of 40.26% and a negative net margin of 36.68%.

About Cemtrex (Get Rating)

Cemtrex, Inc operates as a technology company in the United States and internationally. The company operates through Advanced Technologies and Industrial Services segments. The Advanced Technologies segment provides Internet of Things products and smart devices under the SmartDesk name for mobile, web, virtual and augmented reality, wearables, and television markets; and security and video surveillance solutions, and virtual and augmented reality solutions for various commercial and industrial applications.

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