Cemtrex (NASDAQ:CETX) Stock Rating Upgraded by StockNews.com

Cemtrex (NASDAQ:CETX) was upgraded by investment analysts at StockNews.com from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.

Cemtrex Trading Down 7.7 %

Shares of NASDAQ:CETX traded down $0.24 during trading on Wednesday, reaching $2.89. The stock had a trading volume of 670,553 shares, compared to its average volume of 122,903. Cemtrex has a 52 week low of $2.71 and a 52 week high of $12,096.00. 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 firm’s fifty day moving average is $5.17 and its 200 day moving average is $7.98. The stock has a market cap of $23,120.00, a price-to-earnings ratio of 0.00 and a beta of 1.76.

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.