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Cemtrex Stock Forecast, Price & News

-0.05 (-4.63 %)
(As of 09/18/2020 12:00 AM ET)
Today's Range
Now: $1.03
50-Day Range
MA: $1.29
52-Week Range
Now: $1.03
Volume977,217 shs
Average Volume3.13 million shs
Market Capitalization$17.25 million
P/E RatioN/A
Dividend YieldN/A
Cemtrex, Inc. primarily provides electronic manufacturing services. The company operates through three segments: Advanced Technologies, Electronics Manufacturing, and Industrial Technology. The Advanced Technologies segment provides SmartDesk, an IoT product for the desktop PC market; and related white glove installation, extended warranties, and accessories directly to consumers, as well as through value added resellers for enterprises. This segment also offers design and development solutions to create impactful experiences for mobiles, Web, virtual and augmented reality, wearables, and televisions; and security and video surveillance systems, as well as develops various applications for virtual and augmented reality markets. The Electronics Manufacturing segment provides end to end electronic manufacturing services, including product design and sustaining engineering, printed circuit board assembly and production, cabling and wire harnessing, systems integration, and comprehensive testing services; and assembled electronic products to OEMs. This segment also designs, develops, manufactures, and sells interconnects and cable assemblies; and provides software development services for mobile, Web, virtual reality, and PC applications. The Industrial Technology segment offers single-source services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly; and sells a range of air filtration and environmental control products to various industries, such as chemical, cement, steel, food, construction, mining, and petrochemical. Cemtrex, Inc. operates in the United States and internationally. 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 headquartered in Long Island City, New York.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.59 out of 5 stars

Industry, Sector and Symbol

Industry Electronic components & accessories
Current SymbolNASDAQ:CETX



Sales & Book Value

Annual Sales$39.26 million
Book Value$6.52 per share


Net Income$-22,360,000.00


Market Cap$17.25 million
Next Earnings Date11/12/2020 (Estimated)
OptionableNot Optionable
-0.05 (-4.63 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Cemtrex (NASDAQ:CETX) Frequently Asked Questions

How has Cemtrex's stock price been impacted by Coronavirus?

Cemtrex's stock was trading at $0.8975 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CETX shares have increased by 14.8% and is now trading at $1.03.
View which stocks have been most impacted by COVID-19

When is Cemtrex's next earnings date?

Cemtrex is scheduled to release its next quarterly earnings announcement on Thursday, November 12th 2020.
View our earnings forecast for Cemtrex

How were Cemtrex's earnings last quarter?

Cemtrex Inc (NASDAQ:CETX) issued its quarterly earnings data on Thursday, August, 13th. The industrial products company reported ($0.41) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by $0.73. The industrial products company earned $8.44 million during the quarter. Cemtrex had a negative return on equity of 47.64% and a negative net margin of 52.53%.
View Cemtrex's earnings history

Are investors shorting Cemtrex?

Cemtrex saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 306,900 shares, an increase of 152.2% from the August 15th total of 121,700 shares. Based on an average daily trading volume, of 1,770,000 shares, the short-interest ratio is presently 0.2 days. Currently, 2.1% of the shares of the stock are short sold.
View Cemtrex's Short Interest

Who are some of Cemtrex's key competitors?

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), Inpixon (INPX), Aethlon Medical (AEMD), Biocept (BIOC), Digital Ally (DGLY), VBI Vaccines (VBIV), OpGen (OPGN) and Co-Diagnostics (CODX).

Who are Cemtrex's key executives?

Cemtrex's management team includes the following people:
  • Mr. Saagar Govil, Chairman, Pres, CEO & Sec. (Age 33)
  • Mr. Aron K. Govil B.E., M.B.A., Interim CFO, Principal Accounting Officer & Exec. Director (Age 64)

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 a number of retail and institutional investors. Top institutional shareholders include Two Sigma Securities LLC (0.29%) and Wedbush Securities Inc. (0.14%).
View institutional ownership trends for Cemtrex

Which institutional investors are selling Cemtrex stock?

CETX stock was sold by a variety of institutional investors in the last quarter, including Wedbush Securities Inc..
View insider buying and selling activity for Cemtrex

Which institutional investors are buying Cemtrex stock?

CETX stock was purchased by a variety of institutional investors in the last quarter, including Two Sigma Securities LLC.
View insider buying and selling activity for Cemtrex

How do I buy shares of Cemtrex?

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

What is Cemtrex's stock price today?

One share of CETX stock can currently be purchased for approximately $1.03.

How big of a company is Cemtrex?

Cemtrex has a market capitalization of $17.25 million and generates $39.26 million in revenue each year. Cemtrex employs 496 workers across the globe.

What is Cemtrex's official website?

The official website for Cemtrex is www.cemtrex.com.

How can I contact Cemtrex?

Cemtrex's mailing address is 276 GREENPOINT AVE. BLD 8 SUITE 208, BROOKLYN NY, 11222. The industrial products company can be reached via phone at 631-756-9116 or via email at [email protected]

This page was last updated on 9/19/2020 by MarketBeat.com Staff

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