Cemtrex (NASDAQ:CETX) Downgraded to “Sell” Rating by StockNews.com

Cemtrex (NASDAQ:CETX) was downgraded by research analysts at StockNews.com from a “hold” rating to a “sell” rating in a note issued to investors on Tuesday.

Cemtrex Stock Performance

NASDAQ CETX traded down $0.07 during trading on Tuesday, reaching $3.16. The company’s stock had a trading volume of 381,757 shares, compared to its average volume of 115,334. The firm has a 50 day moving average price of $8.19 and a 200 day moving average price of $8.68. Cemtrex has a 12 month low of $2.71 and a 12 month high of $13,629.00. The company has a debt-to-equity ratio of 48.20, a quick ratio of 1.35 and a current ratio of 1.89.

About Cemtrex

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.