Cemtrex (NASDAQ:CETX) Stock Rating Upgraded by StockNews.com

Cemtrex (NASDAQ:CETX) was upgraded by stock analysts at StockNews.com from a “hold” rating to a “buy” rating in a report released on Friday.

Cemtrex Price Performance

CETX stock traded down $0.08 during mid-day trading on Friday, hitting $3.09. 88,130 shares of the stock were exchanged, compared to its average volume of 294,355. Cemtrex has a 12 month low of $2.71 and a 12 month high of $12,096.00. The company has a debt-to-equity ratio of 48.20, a current ratio of 1.89 and a quick ratio of 1.35. The business has a fifty day moving average price of $4.34 and a 200 day moving average price of $7.76. The stock has a market capitalization of $24,720.00, a price-to-earnings ratio of 0.00 and a beta of 1.75.

Cemtrex Company Profile

Cemtrex, Inc engages in the provision of solutions in the technology industry. It operates through the following segments: Security, Industrial Services, and Cemtrex Corporate. The Security segment provides end-to-end security solutions to meet corporate, industrial, and governmental security challenges.