Cemtrex (NASDAQ:CETX) Upgraded to Buy at StockNews.com

StockNews.com upgraded shares of Cemtrex (NASDAQ:CETX) from a hold rating to a buy rating in a research report sent to investors on Friday morning.

Cemtrex Price Performance

CETX opened at $3.09 on Friday. The company has a debt-to-equity ratio of 48.20, a quick ratio of 1.35 and a current ratio of 1.89. The stock has a market capitalization of $24,720.00, a P/E ratio of 0.00 and a beta of 1.75. The company’s 50-day simple moving average is $4.34 and its two-hundred day simple moving average is $7.76. Cemtrex has a 52-week low of $2.71 and a 52-week high of $12,096.00.

About Cemtrex

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.