Cemtrex Inc. (CETX)

NASDAQ: CETX · IEX Real-Time Price · USD
0.191
+0.011 (6.05%)
Dec 5, 2022 4:30 PM EST - Market closed
6.05%
Market Cap 4.76M
Revenue (ttm) 51.74M
Net Income (ttm) -19.55M
Shares Out 25.78M
EPS (ttm) -0.83
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 45,375
Open 0.184
Previous Close 0.18
Day's Range 0.184 - 0.195
52-Week Range 0.147 - 1.04
Beta 2.04
Analysts Buy
Price Target n/a
Earnings Date Jan 20, 2023

About CETX

Cemtrex, Inc. operates as a technology company in the United States and internationally. The company operates through Advanced Technologies and Industrial Services segments. The Advanced Technologies segment provides Internet of Things products and smart devices under the SmartDesk name for mobile, web, virtual and augmented reality, wearables, and television markets; and security and video surveillance solutions, and virtual and augmented reality solutions for various commercial and industrial applications. This segment also offers browser-bas... [Read more]

Industry Electronic Equipment, Instruments & Components
IPO Date Sep 9, 1998
CEO Saagar Govil
Employees 344
Stock Exchange NASDAQ
Ticker Symbol CETX
Full Company Profile

Financial Performance

In 2021, Cemtrex's revenue was $43.13 million, a decrease of -0.89% compared to the previous year's $43.52 million. Losses were -$7.81 million, -25.43% less than in 2020.

Financial Statements

Analyst Forecast

No stock price forecast available yet.

Price Target
n/a
Analyst Consensus: Buy
Stock Forecasts

News

Cemtrex's Vicon Industries Appoints Shane Compton as Chief Operating Officer

20 Year Operations Veteran to Lead Operational Growth, Oversee Sales and Engineering, and Spearhead Efficiency Initiatives 20 Year Operations Veteran to Lead Operational Growth, Oversee Sales and Engine...

4 days ago - GlobeNewsWire

Cemtrex Completes Divestiture of Non-Core Assets to Focus on Accelerating Its Vicon and AIS Brands

Transformative Business Restructuring to Result in Cost Savings of $2.5-$3 Million Per Year Transformative Business Restructuring to Result in Cost Savings of $2.5-$3 Million Per Year

6 days ago - GlobeNewsWire

Cemtrex Reports Third Quarter 2022 Financial Results

Third Quarter Revenues Increase 32% to $13.6 Million, Management to Host Webcast and Conference Call Today At 5:00 p.m. ET Third Quarter Revenues Increase 32% to $13.6 Million, Management to Host Webcas...

3 months ago - GlobeNewsWire

Cemtrex to Host Third Quarter 2022 Financial Results Conference Call on August 15th

Brooklyn, NY, Aug. 08, 2022 (GLOBE NEWSWIRE) --  - Cemtrex Inc. (NASDAQ: CETX, CETXP), a technology company driving innovation in Internet of Things (IoT), security, machine vision & artificial intellig...

3 months ago - GlobeNewsWire

Cemtrex to Present at LD Micro Invitational XII Conference on June 8, 2022

Brooklyn, NY, May 25, 2022 (GLOBE NEWSWIRE) --  - Cemtrex Inc. (NASDAQ: CETX, CETXP), a technology company driving innovation in Internet of Things (IoT), security, machine vision & artificial intellige...

6 months ago - GlobeNewsWire

Cemtrex Reports Second Quarter 2022 Financial Results

Second Quarter Revenues Increase 37% to $12.7 Million Second Quarter Revenues Increase 37% to $12.7 Million

6 months ago - GlobeNewsWire

Here's Why Cemtrex Shares Are Up Today

Cemtrex Inc (NASDAQ: CETXP) looked to a strategic shift towards prioritizing its core businesses, notably Vicon Industries, its security technology brand.  Cemtrex explored the divestiture of one or mor...

7 months ago - Benzinga

Cemtrex Announces New Strategic Focus to Address Significant Near-Term Opportunities

Evaluating a Range of Operational and Financial Alternatives Including the Sale of One Or More of the Company's Business Units Evaluating a Range of Operational and Financial Alternatives Including the ...

7 months ago - GlobeNewsWire

Cemtrex Announces $1.2 Million Upgrade Order in Advanced Technologies Segment

Corrections Facility in Oregon to Upgrade Security Surveillance System Corrections Facility in Oregon to Upgrade Security Surveillance System

8 months ago - GlobeNewsWire

Cemtrex Reports First Quarter 2022 Financial Results

First Quarter Revenues Increase 21% to $10.7 Million First Quarter Revenues Increase 21% to $10.7 Million

9 months ago - GlobeNewsWire

Cemtrex Announces Strategic Follow-On Investment into Masterpiece Studio

Additional $500K brings total investment to $1.0 M to Fund Leading 3D Content Development Platform for Virtual Reality and the Metaverse Additional $500K brings total investment to $1.0 M to Fund Leadin...

10 months ago - GlobeNewsWire

OnXRP and Cemtrex Announce Partnership To Further Develop The onXRP.COM Platform

Brooklyn, NY, Jan. 26, 2022 (GLOBE NEWSWIRE) -- onXRP.com, a leading technology and content platform which provides user-driven innovation to the XRP Ledger (XRPL), and CXR, a subsidiary of Cemtrex Inc....

10 months ago - GlobeNewsWire

Cemtrex Announces Receipt of Nasdaq Listing Delinquency Letter and Has Subsequently Regained Compliance

Brooklyn, NY, Jan. 25, 2022 (GLOBE NEWSWIRE) --  — Cemtrex Inc. (NASDAQ: CETX, CETXP, CETXW), a technology company driving innovation in Internet of Things (IoT), security, machine vision & artificial i...

10 months ago - GlobeNewsWire

Cemtrex Reports Fourth Quarter and Full Year 2021 Financial Results

Fourth Quarter Revenues Increase 37% to $14.7 Million Fourth Quarter Revenues Increase 37% to $14.7 Million

10 months ago - GlobeNewsWire

Cemtrex to Present at the Imperial Capital 2021 Security Investor Conference

Brooklyn, NY, Dec. 07, 2021 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ: CETX, CETXP, CETXW), a technology company driving innovation in Internet of Things (IoT), security, machine vision & artificial in...

11 months ago - GlobeNewsWire

Cemtrex Regains Compliance with Nasdaq Audit Committee Composition Requirements & Appoints Two New Independent Direct...

Prominent Technology and Financial Leaders Bring 30+ Years of Executive Leadership Experience to the Company's Board of Directors Prominent Technology and Financial Leaders Bring 30+ Years of Executive ...

1 year ago - GlobeNewsWire

SmartDesk launches new SmartDesk Connect D with greater compatibility including new Apple M1 chip laptops

The pioneering home and office workstation brand expands on its latest innovation, the SmartDesk Connect, by offering an additional option for users to connect their laptop to the desk. The pioneering h...

1 year ago - GlobeNewsWire

Cemtrex Provides Corporate Update on Business Operations

Brooklyn, NY, Oct. 12, 2021 (GLOBE NEWSWIRE) --  - Cemtrex Inc. (NASDAQ: CETX, CETXP, CETXW), a company driving innovation in Internet of Things (IoT), security, machine vision & artificial intelligence...

1 year ago - GlobeNewsWire

Cemtrex Reports Third Quarter 2021 Financial Results

Third Quarter Revenues Increase 22% to $10.3 Million & Net Income Rises to $1.1 million Third Quarter Revenues Increase 22% to $10.3 Million & Net Income Rises to $1.1 million

1 year ago - GlobeNewsWire

CETX Stock: 15 Things to Know About New Meme Stock Play Cemtrex as Shares Soar

Cemtrex (CETX) joins the meme stock rally for Monday as shares of several companies run higher thanks to meme traders pumping them up. The post CETX Stock: 15 Things to Know About New Meme Stock Play Ce...

1 year ago - InvestorPlace

Cemtrex Reports Second Quarter 2021 Financial Results

Brooklyn, NY, June 24, 2021 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ: CETX, CETXP, CETXW), a technology company driving innovation in Internet of Things (IoT), security, machine vision & artificial in...

1 year ago - GlobeNewsWire

Cemtrex Reports First Quarter 2021 Financial Results

Brooklyn, NY, June 01, 2021 (GLOBE NEWSWIRE) --  — Cemtrex Inc. (NASDAQ: CETX, CETXP, CETXW), a technology company driving innovation in Internet of Things (IoT), security, machine vision & artificial i...

1 year ago - GlobeNewsWire

Cemtrex Announces Receipt of Nasdaq Listing Delinquency Letter

Brooklyn, NY, May 21, 2021 (GLOBE NEWSWIRE) -- — Cemtrex Inc. (NASDAQ: CETX, CETXP, CETXW), a technology company driving innovation in Internet of Things (IoT), security, machine vision & artificial int...

1 year ago - GlobeNewsWire

Cemtrex Announces $1.1 Million Order in Advanced Technologies Segment

Corrections Facility in the United Kingdom to Install Security Surveillance System Corrections Facility in the United Kingdom to Install Security Surveillance System

1 year ago - GlobeNewsWire

Cemtrex Receives $0.4 Million Development Order in Virtual Reality Segment

Digital Health Company in Nevada to Implement Cemtrex VR Technology into Their Virtual Pain Management Program Digital Health Company in Nevada to Implement Cemtrex VR Technology into Their Virtual Pain...

1 year ago - GlobeNewsWire