Cemtrex (NASDAQ:CETX) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Cemtrex (NASDAQ:CETX) in a research report released on Wednesday morning. The firm issued a sell rating on the industrial products company’s stock.

Cemtrex Stock Down 41.6 %

Shares of CETX stock opened at $0.11 on Wednesday. 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 business has a 50-day moving average of $0.36 and a 200 day moving average of $0.28. Cemtrex has a 1-year low of $0.11 and a 1-year high of $389.40.

Cemtrex’s stock is scheduled to reverse split before the market opens on Tuesday, November 26th. The 1-35 reverse split was announced on Thursday, November 21st. The number of shares owned by shareholders will be adjusted after the market closes on Monday, November 25th.

Cemtrex Company Profile

Cemtrex, Inc operates as a technology company in the United States and internationally. It operates through Security, Industrial Services, and Cemtrex Corporate segments. The company offers browser-based video monitoring and analytics-based recognition systems, cameras, servers, and access control systems for security and surveillance in industrial and commercial facilities, federal prisons, hospitals, universities, schools, and federal and state government offices; and provides critical security and video surveillance solutions utilizing artificial intelligence based data algorithms.