Cemtrex (NASDAQ:CETXP) Trading 168.8% Higher – Still a Buy?

Cemtrex, Inc. (NASDAQ:CETXPGet Free Report) shares were up 168.8% during trading on Friday . The company traded as high as $0.22 and last traded at $0.22. Approximately 35,644 shares traded hands during mid-day trading, an increase of 346% from the average daily volume of 7,990 shares. The stock had previously closed at $0.08.

Cemtrex Price Performance

The business has a 50-day simple moving average of $0.10 and a 200 day simple moving average of $0.12.

Cemtrex Company Profile

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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.

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