Cemtrex (CETX) Given Daily Coverage Optimism Rating of 0.24
Headlines about Cemtrex (NASDAQ:CETX) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cemtrex earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave press coverage about the industrial products company an impact score of 46.1884007144346 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the media stories that may have effected Accern’s scoring:
- Cemtrex Inc. (NASDAQ:CETX) Experiences Lighter than Average Trading Volume – First News 24 (firstnewspaper24.com)
- Cemtrex: Value-Stock Pick (investing.com)
- Cemtrex to Participate in Two Upcoming Investor Conferences on September 27th and October 5th – GlobeNewswire (press release) (globenewswire.com)
- Cemtrex to Participate in Two Upcoming Investor Conferences on September 27th and October 5th – Nasdaq (nasdaq.com)
- Cemtrex Addresses Contentions in Key Tronic Corp.’s Last Release; Asks Shareholders to Consider the Facts – GlobeNewswire (press release) (globenewswire.com)
Separately, ValuEngine downgraded Cemtrex from a “strong-buy” rating to a “buy” rating in a report on Tuesday, June 6th.
Cemtrex (NASDAQ CETX) opened at 2.99 on Monday. The company has a 50-day moving average price of $3.20 and a 200-day moving average price of $3.20. Cemtrex has a 52 week low of $2.76 and a 52 week high of $8.41. The stock has a market cap of $30.64 million, a PE ratio of 6.44 and a beta of -0.44.
Cemtrex (NASDAQ:CETX) last issued its earnings results on Monday, August 14th. The industrial products company reported $0.11 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.01). The company had revenue of $27.81 million for the quarter, compared to the consensus estimate of $31.75 million. Cemtrex had a return on equity of 19.22% and a net margin of 4.05%. Analysts anticipate that Cemtrex will post $0.29 earnings per share for the current year.
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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.
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