Published On: Mon, Sep 12th, 2016

Cemtrex Inc (CETX) Shares Up 10.2%

Cemtrex Inc (NASDAQ:CETX) shot up 10.2% during mid-day trading on Monday . The stock traded as high as $4.34 and last traded at $4.32, with a volume of 204,332 shares changing hands. The stock had previously closed at $3.92.
Separately, Taglich Brothers cut shares of Cemtrex from a “buy” rating to a “speculative buy” rating in a research report on Friday, July 1st.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/12/cemtrex-inc-cetx-shares-up-10-2.html

The firm has a 50 day moving average of $5.09 and a 200 day moving average of $3.21. The firm has a market cap of $40.56 million, a P/E ratio of 10.31 and a beta of -0.31.
About Cemtrex
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.

Receive News & Ratings for Cemtrex Inc Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Cemtrex Inc and related companies with MarketBeat.com’s FREE daily email newsletter.

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>