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

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

Cemtrex Stock Performance

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

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.