Cemtrex (NASDAQ:CETX) Releases Quarterly Earnings Results

Cemtrex (NASDAQ:CETXGet Free Report) posted its quarterly earnings data on Tuesday. The industrial products company reported ($1.46) EPS for the quarter, Zacks reports. Cemtrex had a negative net margin of 7.64% and a negative return on equity of 74.68%. The firm had revenue of $17.16 million during the quarter. During the same quarter last year, the firm posted ($0.75) EPS.

Cemtrex Stock Up 9.3 %

CETX opened at $0.33 on Friday. Cemtrex has a 12 month low of $0.25 and a 12 month high of $10.58. The company has a quick ratio of 0.64, a current ratio of 1.57 and a debt-to-equity ratio of 4.18. The company has a 50 day moving average of $2.64 and a 200 day moving average of $3.90.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on Cemtrex in a report on Sunday, May 12th. They issued a “hold” rating for the company.

Read Our Latest Research Report on CETX

Cemtrex Company Profile

(Get Free Report)

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.

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Earnings History for Cemtrex (NASDAQ:CETX)

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