Cemtrex Inc (CETX) Trading 7.3% Higher
Cemtrex Inc (NASDAQ:CETX) traded up 7.3% on Tuesday . The stock traded as high as $5.64 and last traded at $5.56, with a volume of 292,667 shares. The stock had previously closed at $5.18.
Separately, Taglich Brothers downgraded Cemtrex from a “buy” rating to a “speculative buy” rating in a report on Friday, July 1st.
The firm has a market cap of $48.09 million and a PE ratio of 12.22. The firm has a 50 day moving average of $5.00 and a 200 day moving average of $3.13.
Cemtrex, Inc is a diversified industrial and manufacturing company. The Company operates in a range of business segments and provides solutions to manufacturing industries. The Company provides electronic manufacturing services of electronic system assemblies, instruments and emission monitors for industrial processes, and industrial air filtration and environmental control systems.
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