Cemtrex (NASDAQ:CETX) Cut to Hold at StockNews.com

StockNews.com lowered shares of Cemtrex (NASDAQ:CETX) from a buy rating to a hold rating in a research note issued to investors on Wednesday morning.

Cemtrex Stock Up 1.3 %

Shares of Cemtrex stock opened at $2.30 on Wednesday. The stock’s 50 day simple moving average is $2.97 and its 200-day simple moving average is $7.05. Cemtrex has a 1-year low of $2.21 and a 1-year high of $12,096.00. The company has a debt-to-equity ratio of 2.68, a quick ratio of 1.06 and a current ratio of 1.44.

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.