Cemtrex Inc (NASDAQ:CETX) saw an uptick in trading volume on Wednesday . 1,299,551 shares traded hands during trading, an increase of 615% from the previous session’s volume of 181,722 shares.The stock last traded at $3.04 and had previously closed at $2.82.
The company has a market capitalization of $30.92, a P/E ratio of 5.85 and a beta of -0.50. The company has a quick ratio of 1.45, a current ratio of 2.31 and a debt-to-equity ratio of 0.24.
An institutional investor recently bought a new position in Cemtrex stock. Dimensional Fund Advisors LP bought a new position in shares of Cemtrex Inc (NASDAQ:CETX) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 33,965 shares of the industrial products company’s stock, valued at approximately $122,000. Dimensional Fund Advisors LP owned approximately 0.34% of Cemtrex at the end of the most recent quarter. Institutional investors own 5.34% of the company’s stock.
ILLEGAL ACTIVITY NOTICE: “Cemtrex (CETX) Sees Large Volume Increase” was originally reported by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://sportsperspectives.com/2018/01/24/cemtrex-cetx-sees-large-volume-increase.html.
Cemtrex Company Profile
Cemtrex, Inc is a diversified technology company, which provides solutions to industrial and manufacturing needs. The Company provides manufacturing services of electronic system assemblies; provides broad-based industrial services, instruments and emission monitors for industrial processes, and provides industrial air filtration and environmental control systems.
Receive News & Ratings for Cemtrex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cemtrex and related companies with MarketBeat.com's FREE daily email newsletter.