Cemtrex (NASDAQ:CETX) Lowered to Hold Rating by StockNews.com

StockNews.com downgraded shares of Cemtrex (NASDAQ:CETX) from a buy rating to a hold rating in a report issued on Wednesday.

Cemtrex Stock Performance

Shares of NASDAQ CETX opened at $2.33 on Wednesday. The business’s 50-day moving average price is $2.99 and its two-hundred day moving average price is $7.08. 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 has a one year low of $2.30 and a one year high of $12,096.00.

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.