Cemtrex (NASDAQ:CETX) Upgraded at StockNews.com

Cemtrex (NASDAQ:CETX) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Friday.

Cemtrex Stock Performance

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

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.