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3 Stocks Set to Lead the Nasdaq Bull Market
The Financial Day of Reckoning Has Begun (Ad)
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Skyworks Solutions Is Worth A Look At These Prices 
MUST WATCH: Unusual 3-second financial maneuver (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
3 Stocks Set to Lead the Nasdaq Bull Market
The Financial Day of Reckoning Has Begun (Ad)
3 Blowout Earnings Reports That Could Mark Turning Points
Companies facing 1st tax on stock buybacks in Biden bill
Will CrowdStrike Extend Its Streak Of Topping Earnings Views?
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Is Ford About To Crush Workhorse Group? 
Home Depot Results Point To Sluggish 2nd Half
Skyworks Solutions Is Worth A Look At These Prices 
MUST WATCH: Unusual 3-second financial maneuver (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
3 Stocks Set to Lead the Nasdaq Bull Market
The Financial Day of Reckoning Has Begun (Ad)
3 Blowout Earnings Reports That Could Mark Turning Points
Companies facing 1st tax on stock buybacks in Biden bill
Will CrowdStrike Extend Its Streak Of Topping Earnings Views?
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Is Ford About To Crush Workhorse Group? 
Home Depot Results Point To Sluggish 2nd Half
Skyworks Solutions Is Worth A Look At These Prices 
MUST WATCH: Unusual 3-second financial maneuver (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
3 Stocks Set to Lead the Nasdaq Bull Market
The Financial Day of Reckoning Has Begun (Ad)
3 Blowout Earnings Reports That Could Mark Turning Points
Companies facing 1st tax on stock buybacks in Biden bill
Will CrowdStrike Extend Its Streak Of Topping Earnings Views?
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Is Ford About To Crush Workhorse Group? 
Home Depot Results Point To Sluggish 2nd Half
Skyworks Solutions Is Worth A Look At These Prices 
MUST WATCH: Unusual 3-second financial maneuver (Ad)
NASDAQ:CETX

Cemtrex - CETX Stock Forecast, Price & News

$0.34
-0.02 (-5.53%)
(As of 08/16/2022 12:00 AM ET)
Add
Compare
Today's Range
$0.33
$0.36
50-Day Range
$0.27
$0.41
52-Week Range
$0.26
$1.73
Volume
241,565 shs
Average Volume
495,417 shs
Market Capitalization
$8.43 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
CETX stock logo

About Cemtrex (NASDAQ:CETX) Stock

Cemtrex, Inc. operates as a technology company in the United States and internationally. The company operates through Advanced Technologies and Industrial Services segments. The Advanced Technologies segment provides Internet of Things products and smart devices under the SmartDesk name for mobile, web, virtual and augmented reality, wearables, and television markets; and security and video surveillance solutions, and virtual and augmented reality solutions for various commercial and industrial applications. This segment also offers browser-based video monitoring systems 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. The Industrial Services segment offers single-source services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly; installs high precision equipment in various industrial markets comprising automotive, printing and graphics, industrial automation, packaging, chemicals and others; and provides maintenance and contracting solutions for the machinery, packaging, printing, chemical, and other manufacturing markets. The company was formerly known as Diversified American Holding, Inc. and changed its name to Cemtrex, Inc. in December 2004. Cemtrex, Inc. was incorporated in 1998 and is based in Brooklyn, New York.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on Cemtrex in a report on Thursday, August 11th. They issued a "hold" rating for the company.

Cemtrex Stock Performance

CETX opened at $0.36 on Tuesday. Cemtrex has a one year low of $0.26 and a one year high of $1.73. The stock's 50 day moving average price is $0.30 and its 200-day moving average price is $0.45. The company has a quick ratio of 1.02, a current ratio of 1.30 and a debt-to-equity ratio of 0.25.

Cemtrex (NASDAQ:CETX - Get Rating) last announced its quarterly earnings results on Monday, May 16th. The industrial products company reported ($0.20) earnings per share for the quarter. Cemtrex had a negative return on equity of 40.26% and a negative net margin of 36.68%. The company had revenue of $12.73 million for the quarter.

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CETX Stock News Headlines

Cemtrex Reports Third Quarter 2022 Financial Results
Cemtrex (NASDAQ:CETX) Now Covered by StockNews.com
Cemtrex (CETX) to Release Earnings on Monday
Cemtrex (NASDAQ:CETX) Now Covered by Analysts at StockNews.com
Cemtrex, Inc. (NASDAQ:CETX) Short Interest Up 93.4% in July
Here's Why Cemtrex Shares Are Up Today
See More Headlines
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CETX Company Calendar

Last Earnings
8/15/2021
Today
8/16/2022
Fiscal Year End
9/30/2022
Next Earnings (Estimated)
1/20/2023

Industry, Sector and Symbol

Industry
Electronic components & accessories
Sub-Industry
N/A
Current Symbol
NASDAQ:CETX
Employees
344
Year Founded
N/A

Profitability

Net Income
$-7,810,000.00
Pretax Margin
-19.41%

Debt

Sales & Book Value

Annual Sales
$43.13 million
Book Value
$1.13 per share

Miscellaneous

Free Float
23,933,000
Market Cap
$8.43 million
Optionable
Not Optionable
Beta
2.17

Key Executives

  • Mr. Saagar Govil (Age 36)
    Chairman, Pres, CEO & Sec.
    Comp: $931.83k
  • Mr. Paul J. Wyckoff (Age 52)
    Interim CFO & Corp. Controller
  • Mr. Ashwin Gobindram
    Chief Design Officer & Director of Operations
  • Lucky Gobindram
    Exec. VP of Sales & Marketing
  • Gaurav Taywade
    Chief Software Architect & Head of Pune Studio
  • Mr. Bret M. McGowan (Age 57)
    SVP of Sales & Marketing - Vicon Industries
  • Mr. Mark S. Provinsal (Age 56)
    SVP of International Sales - Vicon Industries
  • Jim Heinrichs
    Pres and COO - AIS













CETX Stock - Frequently Asked Questions

How have CETX shares performed in 2022?

Cemtrex's stock was trading at $0.82 at the start of the year. Since then, CETX stock has decreased by 58.3% and is now trading at $0.3417.
View the best growth stocks for 2022 here
.

When is Cemtrex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, January 20th 2023.
View our CETX earnings forecast
.

How were Cemtrex's earnings last quarter?

Cemtrex, Inc. (NASDAQ:CETX) released its earnings results on Sunday, August, 15th. The industrial products company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.15) by $0.21. The industrial products company earned $10.33 million during the quarter. Cemtrex had a negative trailing twelve-month return on equity of 40.26% and a negative net margin of 36.68%.

What other stocks do shareholders of Cemtrex own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cemtrex investors own include Buckeye Partners (BPL), Nokia Oyj (NOK), Vaxart (VXRT), Aethlon Medical (AEMD), Inpixon (INPX), VBI Vaccines (VBIV), Co-Diagnostics (CODX), Digital Ally (DGLY), Biocept (BIOC) and OpGen (OPGN).

What is Cemtrex's stock symbol?

Cemtrex trades on the NASDAQ under the ticker symbol "CETX."

Who are Cemtrex's major shareholders?

Cemtrex's stock is owned by many different retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (0.59%).
View institutional ownership trends
.

How do I buy shares of Cemtrex?

Shares of CETX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Cemtrex's stock price today?

One share of CETX stock can currently be purchased for approximately $0.34.

How much money does Cemtrex make?

Cemtrex (NASDAQ:CETX) has a market capitalization of $8.43 million and generates $43.13 million in revenue each year.

How many employees does Cemtrex have?

The company employs 344 workers across the globe.

How can I contact Cemtrex?

Cemtrex's mailing address is 276 GREENPOINT AVE. BLD 8 SUITE 208, BROOKLYN NY, 11222. The official website for the company is www.cemtrex.com. The industrial products company can be reached via phone at (631) 756-9116, via email at investors@cemtrex.com, or via fax at 631-420-4985.

This page (NASDAQ:CETX) was last updated on 8/17/2022 by MarketBeat.com Staff

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