News stories about Cemtrex (NASDAQ:CETX) have been trending positive this week, according to Accern. Accern scores the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cemtrex earned a news impact score of 0.35 on Accern’s scale. Accern also assigned press coverage about the industrial products company an impact score of 46.0992078486132 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:
- Making Thrust For Active Investor on Price Move: Cemtrex, Inc. (CETX) – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Cemtrex, Inc. :CETX-US: Earnings Analysis: Q4, 2017 By the Numbers : December 15, 2017 (finance.yahoo.com)
- Cemtrex Provides Update on the Launch Date of Smart Desk – GlobeNewswire (press release) (globenewswire.com)
- Is Cemtrex Inc’s (CETX) PE Ratio A Signal To Buy For Investors? (finance.yahoo.com)
Shares of Cemtrex (NASDAQ CETX) traded up $0.07 during mid-day trading on Friday, reaching $2.64. 69,000 shares of the company traded hands, compared to its average volume of 355,907. The stock has a market capitalization of $27.12, a price-to-earnings ratio of 4.94 and a beta of -0.50. The company has a current ratio of 2.55, a quick ratio of 1.66 and a debt-to-equity ratio of 0.26. Cemtrex has a 12 month low of $2.38 and a 12 month high of $8.41.
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Cemtrex Company Profile
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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