Cemtrex (CETX) Set to Announce Quarterly Earnings on Tuesday

Cemtrex (NASDAQ:CETX) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, May 14th.

Cemtrex (NASDAQ:CETX) last posted its quarterly earnings data on Monday, February 12th. The industrial products company reported ($1.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.86) by ($0.29). Cemtrex had a negative net margin of 6.41% and a negative return on equity of 56.88%. The firm had revenue of $16.88 million for the quarter, compared to analysts’ expectations of $15.79 million. During the same period in the prior year, the company posted ($3.99) earnings per share.

Cemtrex Price Performance

NASDAQ CETX opened at $0.28 on Friday. The firm’s 50 day moving average price is $3.01 and its two-hundred day moving average price is $4.03. Cemtrex has a twelve month low of $0.25 and a twelve month high of $11.36. The company has a current ratio of 0.92, a quick ratio of 0.64 and a debt-to-equity ratio of 0.92.

Analyst Ratings Changes

Separately, StockNews.com began coverage on Cemtrex in a research note on Saturday, May 4th. They issued a “hold” rating for the company.

About Cemtrex

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.