Cemtrex (NASDAQ:CETX) Earns Daily Media Sentiment Rating of 0.10
News articles about Cemtrex (NASDAQ:CETX) have trended somewhat positive on Tuesday, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cemtrex earned a news impact score of 0.10 on Accern’s scale. Accern also gave press coverage about the industrial products company an impact score of 46.8395262405118 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news stories that may have impacted Accern Sentiment’s scoring:
- Active Shares Advancing Early – CUDA, ANW, CETX, ESDI, JTPY, PPSI, CLDC (fxpips.com)
- Cemtrex’s (CETX) CEO Saagar Govil on Q3 2017 Results – Earnings Call Transcript – Seeking Alpha (seekingalpha.com)
- Cemtrex Reports Financial Results for the 2017 Fiscal Third Quarter (finance.yahoo.com)
- Cemtrex Inc. (NASDAQ:CETX) Announces Quarterly Earnings Results, Meets Expectations (americanbankingnews.com)
- Peel Hunt Boosts ConvaTec Group PLC (CTEC) Price Target to GBX 390 (badhub.net)
Shares of Cemtrex (NASDAQ CETX) opened at 3.22 on Tuesday. The firm has a market capitalization of $31.84 million, a price-to-earnings ratio of 5.91 and a beta of -0.47. The stock’s 50 day moving average price is $3.43 and its 200 day moving average price is $3.73. Cemtrex has a one year low of $2.76 and a one year high of $8.41.
Cemtrex (NASDAQ:CETX) last posted its quarterly earnings data on Monday, August 14th. The industrial products company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.12 by $0.01. Cemtrex had a return on equity of 6.33% and a net margin of 1.36%. Analysts expect that Cemtrex will post $0.37 EPS for the current fiscal year.
Separately, ValuEngine lowered Cemtrex from a “strong-buy” rating to a “buy” rating in a report on Tuesday, June 6th.
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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