Cemtrex Inc (NASDAQ:CETX)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as $0.84 and last traded at $0.95, with a volume of 100 shares trading hands. The stock had previously closed at $0.93.
A number of equities analysts have recently commented on CETX shares. ValuEngine upgraded shares of Cemtrex from a “hold” rating to a “buy” rating in a research report on Tuesday, October 2nd. TheStreet lowered shares of Cemtrex from a “c” rating to a “d” rating in a research report on Wednesday, September 12th.
The company has a current ratio of 2.40, a quick ratio of 1.67 and a debt-to-equity ratio of 0.25.
About Cemtrex (NASDAQ:CETX)
Cemtrex, Inc provides electronic manufacturing services of electric system assemblies, broad-based industrial services, and industrial air filtration and environmental control equipment and systems worldwide. The company operates in two segments, Electronics Manufacturing Services (EMS) and Industrial Products and Services (IPS).
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