StockNews.com Begins Coverage on Cemtrex (NASDAQ:CETX)

StockNews.com assumed coverage on shares of Cemtrex (NASDAQ:CETX) in a report issued on Thursday. The brokerage set a “hold” rating on the industrial products company’s stock.

Cemtrex Stock Performance

Shares of CETX stock opened at $3.21 on Thursday. The company’s fifty day simple moving average is $12.45 and its two-hundred day simple moving average is $9.62. The company has a debt-to-equity ratio of 48.20, a current ratio of 1.89 and a quick ratio of 1.35. Cemtrex has a 1 year low of $3.00 and a 1 year high of $13,629.00.

About Cemtrex

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.