Cemtrex (NASDAQ:CETXP) Stock Price Up 97% – Time to Buy?

Cemtrex, Inc. (NASDAQ:CETXP – Get Free Report)’s share price shot up 97% during trading on Thursday. The company traded as high as $0.65 and last traded at $0.65. Approximately 1,000 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 8,007 shares. The stock had previously closed at $0.33.

Cemtrex Trading Up 97.0%

The stock has a fifty day moving average of $0.52 and a 200-day moving average of $0.46.

Cemtrex Company Profile

(Get Free Report)

Cemtrex, Inc is a technology company focused primarily on security and surveillance solutions. Through its security business, the company has provided video management systems, intelligent video analytics, access-control solutions, surveillance cameras and related software and services for commercial, industrial, government and other institutional customers.

The company’s offerings are designed to help organizations monitor facilities, manage entry and exit points, detect security events and improve operational awareness.

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