CETX - Cemtrex, Inc.

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
0.2600
-0.0064 (-2.40%)
At close: 4:00PM EDT

0.2600 0.00 (0.00%)
After hours: 4:17PM EDT

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Previous Close0.2664
Open0.2750
Bid0.2600 x 1100
Ask0.2750 x 1800
Day's Range0.2500 - 0.2830
52 Week Range0.2500 - 2.5300
Volume455,609
Avg. Volume252,227
Market Cap4.165M
Beta (3Y Monthly)1.25
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2017-03-29
1y Target EstN/A
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News
Press Releases
  • Business Wire23 hours ago

    Cemtrex, Inc. (CETX) Announces Results for the Second Quarter ended March 31, 2019

    Cemtrex Inc. (CETX), a leading global technology company, announced its second quarter consolidated results of operations for the three and six months ended March 31, 2019. Total Revenue for the three months ended March 31, 2019 and 2018 was $23,607,497 and $20,413,296, respectively, an increase of $3,194,201, or 16%. Total revenue in the second quarter increased, as compared to total revenue in the same period last year, primarily due to new revenues in the Advanced Technologies Segment, which had no revenues during the same period last year.

  • GlobeNewswirelast month

    Cemtrex Announces NASDAQ and Henry Schein as Latest SmartDesk Customers

    Long Island City, NY, April 09, 2019 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading global technology company, today announced that it has added NASDAQ, Inc. and Henry Schein, Inc as its latest SmartDesk Enterprise clients. Both companies have bought SmartDesks to evaluate the product for widescale use in their organizations. NASDAQ is one the world’s most recognized companies, operating many of the world’s stock market exchanges, with over 4500 employees globally.

  • GlobeNewswire2 months ago

    Cemtrex Announces Plans for New SmartDesk that Enables Docking Laptops

    Long Island City, NY, April 03, 2019 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading global technology company, today announced that the Company is developing a new SmartDesk, that will have similar features of the current SmartDesk except it will allow users to dock their existing laptop or desktop computer. Development for this version is currently underway and the Company expects to have it available in the market to purchase by Fall 2019. This new SmartDesk will allow users to connect their own laptop or desktop computer to the workstation via one USB port and enjoy similar functionality that the current SmartDesk provides.

  • ACCESSWIRE2 months ago

    LD Micro Virtual Conference Is Live, March 12th and 13th

    LOS ANGELES, CA / ACCESSWIRE / March 12 , 2019 / LD Micro, a company that puts on conferences for micro-cap and small-cap companies will be hosting 46 companies on March 12th (that's today) and 13th, starting ...

  • GlobeNewswire2 months ago

    Cemtrex EMS Segment Receives $7M in New Orders with Backlog Steady at over $50M

    Long Island City, NY, March 12, 2019 --  –  Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a world leading technology and manufacturing company, announced today that the company.

  • GlobeNewswire2 months ago

    Cemtrex (CETX) to Present at the 2019 LD Micro Virtual Conference

    Long Island City, NY, March 11, 2019 (GLOBE NEWSWIRE) --  Cemtrex Inc., (NASDAQ: CETX, CETXP, CETXW), a leading global technology and company, today announced that it will be presenting at the second annual LD Micro Virtual Conference on Wednesday, March 13 at 11AM EST / 8AM PST. Saagar Govil, Chairman and CEO of Cemtrex, will be giving the presentation and answering questions from investors.

  • Cemtrex Provides an Update of Their VR Adaptation of Popular Science Fiction Series, Star Force
    GlobeNewswire3 months ago

    Cemtrex Provides an Update of Their VR Adaptation of Popular Science Fiction Series, Star Force

    Long Island City, NY, March 05, 2019 (GLOBE NEWSWIRE) --  Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading global technology and company, today announced that the virtual reality (VR) adaptation of B.V. Larson’s Star Force is now fully in production with a playable BETA release for select testers slated for this summer. Character design and core gameplay mechanics were finalized in the last two weeks, allowing the team to move forward with full production, story development and in-depth VR development of environments, characters and other key components. The VR title is an adaptation of B.V. Larson’s popular Star Force series, an action-packed Sci-Fi opera in which everyday characters are called to save humanity from deadly extra-terrestrial machines.

  • GlobeNewswire3 months ago

    Cemtrex Announces H Mart as Latest SmartDesk Client

    Long Island City, NY, Feb. 26, 2019 (GLOBE NEWSWIRE) --  Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading global technology and company, today announced that leading specialty grocer, H Mart, is Cemtrex’s latest SmartDesk Enterprise Client to evaluate the product for use on its corporate campus. H Mart is a billion-dollar grocery store chain that specializes in Asian foods, over 80 locations across the world. The SmartDesk will be utilized in their corporate offices as a cutting-edge and efficient solution for their busy workflows.

  • GlobeNewswire3 months ago

    Cemtrex Announces New SmartDesk Subscription and Commercial Leasing Programs, Targeting Small to Medium Sized Businesses

    Long Island City, NY, Feb. 25, 2019 (GLOBE NEWSWIRE) --  Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading global technology company, today announced the launch of their Commercial Leasing program and SmartDesk Subscription Program. The programs are designed to offer alternative SmartDesk purchase options for organizations other than direct purchasing. The Commerical Leasing and SmartDesk Subscription program allows participants to lease or rent SmartDesks for periods of 24 to 36 months at affordable monthly rates and provides a simplified upgrade path for future generations of the groundbreaking SmartDesk.

  • GlobeNewswire3 months ago

    Cemtrex, Inc. (CETX) Announces Results for First Quarter ended Dec 31, 2018  

    Long Island City, NY, Feb. 20, 2019 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading global technology company, today announced its first quarter consolidated results of operations for the three months ended December 31, 2018. Total revenue for the three months ended December 31, 2018 and 2017 was $17,284,544 and $32,381,900, respectively. Total revenue in the first quarter decreased, as compared to total revenue in the same period last year, as the Company transitions from its low margin contract manufacturing businesses into its high margin IoT smart hardware and software businesses and due to lower sales in the Industrial Technology segment as a result of the softening demand for environmental products globally.

  • GlobeNewswire3 months ago

    Cemtrex Announces Johns Hopkins University as Latest SmartDesk Customer

    Long Island City, NY, Feb. 19, 2019 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading global technology company, today announced that Johns Hopkins University is Cemtrex’s latest SmartDesk Enterprise Client to evaluate the product for widescale use on its campus. Johns Hopkins University is one the world’s most renowned universities and one of the largest employers in the greater Baltimore area, employing over 25,000 employees locally. The University is first exploring use of SmartDesks within their massive Applied Physics Laboratory, a leading laboratory that advises major government agencies like NASA on technology.

  • GlobeNewswire3 months ago

    Levi & Korsinsky, LLP: Summary Notice of Class Action Settlement

    NEW YORK, Feb. 14, 2019 --  THOMAS CULLINAN, Individually and On Behalf of All Others Similarly Situated,Plaintiff,   v.  CEMTREX, INC., SAAGAR GOVIL, ARON GOVIL and RENATO.

  • GlobeNewswire3 months ago

    Notice to Proposed Settlement of Derivative Litigation Press Release

    Pursuant to the Stipulation, the Company will implement certain corporate governance changes and modify certain governance practices, and the Company’s insurer will pay $100,000 to the plaintiffs’ counsel.  Under the settlement, the Company and its shareholders will release all claims that were or could have been asserted in the Derivative Litigation, and the Company and the directors and officers of the Company named as defendants continue to deny any liability or wrongdoing in connection with the allegations contained in the Derivative Litigation.

  • GlobeNewswire3 months ago

    Cemtrex Discloses 10 New Leading Enterprises Evaluating SmartDesk for Purchase

    Long Island City, NY, Feb. 07, 2019 (GLOBE NEWSWIRE) --  - Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading global technology and manufacturing company, today announced that, ten new enterprise customers have entered Cemtrex Enterprise Sales Program, which means they have signed an NDA and are actively performing due diligence of Cemtrex's SmartDesk at their own sites with intent to purchase and integrate into their office and workspace in the coming months. As part of Cemtrex’s Enterprise Sales Program, customers must have SmartDesk minimum requirements of over 1000 units as part of the potential purchase scope. ­­ “We are excited to see such tremendous interest from major corporations in our SmartDesk,” commented Saagar Govil, Chairman and CEO of Cemtrex.

  • GlobeNewswire4 months ago

    Cemtrex Announces Upcoming SmartDesk Availability on Newegg.com

    Long Island City, NY, Jan. 25, 2019 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading global technology and manufacturing company, today announced that, due to increasing demand, Cemtrex’s SmartDesk will be available on leading e-commerce platform Newegg.com on their Newegg business platform next week. “This marks a major milestone for us as it provides a major platform to rapidly meet the increasing demand in SmartDesk and increases our ability to sell our products directly to enterprises,” commented Saagar Govil, Chairman and CEO of Cemtrex. Newegg is one of the world’s leading e-commerce platforms with nearly $3 billion in annual sales and over 29 million registered buyers.

  • Cemtrex Announces Increased SmartDesk Demand and Accelerates Plans for International Shipments After Enthusiastic Reception at CES
    GlobeNewswire4 months ago

    Cemtrex Announces Increased SmartDesk Demand and Accelerates Plans for International Shipments After Enthusiastic Reception at CES

    Long Island City, NY, Jan. 17, 2019 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading global technology and manufacturing company, today announced that, following an enormously successful showing at the Consumer Electronics Show last week, they are experiencing increased demand for their flagship product, SmartDesk, from consumers across the globe. The Cemtrex booth was extremely popular with thousands of attendees as a team of Cemtrex employees introduced the public and members of the media their cutting-edge SmartDesk. Through in-person demonstrations, private demos and many interviews, the Cemtrex team earned attention from technology giants and several Fortune 500 companies who have shown interest in integrating the ground-breaking workstation into their business.

  • GlobeNewswire4 months ago

    Cemtrex Receives NASDAQ Letter Regarding Not Meeting Minimum Bid Price Requirement

    Long Island City, NY, Jan. 16, 2019 (GLOBE NEWSWIRE) --  – Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading global technology and manufacturing company, today announced that it has received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”),  notifying the Company that, because the closing bid price for the Company’s common stock listed on Nasdaq was below $1.00 for 30 consecutive trading days, the Company no longer meets the minimum bid price requirement for continued listing on The Nasdaq Capital Market under Nasdaq Marketplace Rule 5550(a)(2), requiring a minimum bid price of $1.00 per share (the “Minimum Bid Price Requirement”).

  • GlobeNewswire4 months ago

    Cemtrex’s CEO Interview to Air on Bloomberg International on the RedChip Money Report

    Long Island City, NY, Jan. 16, 2019 --  – Cemtrex Inc. (NASDAQ: CETX, CETXP, CETXW), a leading global technology and manufacturing company, today announced its CEO, Saagar.

  • Cemtrex to Showcase SmartDesk at Exclusive Events Leading to Consumer Electronics Show
    GlobeNewswire5 months ago

    Cemtrex to Showcase SmartDesk at Exclusive Events Leading to Consumer Electronics Show

    Long Island City, NY, Jan. 04, 2019 (GLOBE NEWSWIRE) --  Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading global technology and manufacturing company, today announced that the Company will showcase the company’s flagship device, the SmartDesk, at two major events leading up to the 2019 Consumer Electronics Show: Pepcom’s Digital Experience! and the YPO Innovation at CES. Digital Experience! is Pepcom’s largest media event, giving over 1,000 influential members of the media exclusive hands-on access to the revolutionary SmartDesk.

  • GlobeNewswire5 months ago

    Cemtrex Announces Choice Hotels as Latest SmartDesk Client

    Long Island City, NY, Jan. 03, 2019 (GLOBE NEWSWIRE) --  Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading global technology company, today announced that Choice Hotels International (CHH) has become the latest organization to adopt the SmartDesk for their offices. “We are thrilled to have Choice Hotels on board,” said Cemtrex’s CEO and Chairman, Saagar Govil. “Choice Hotels International is one of the largest and most successful lodging companies in the world.

  • GlobeNewswire5 months ago

    Cemtrex, Inc. (CETX) Announces Results for Fiscal Year Ending September 30, 2018

    Long Island City, NY, Jan. 02, 2019 (GLOBE NEWSWIRE) --  – Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), manufacturer of the SmartDesk, the world’s most advanced workstation, and a leading multi-industry technology company that is driving innovation in a wide range of consumer and commercial sectors, announced its financial results for the fiscal year ending September 30, 2018. Fiscal 2018 was both a transformational and transitional year for Cemtrex. The Company’s Industrial Technology (IT) segment revenues were also lower, as this business segment continues to experience weakness in new orders in its environmental instruments and control products markets, both domestically and internationally.

  • Business Wire5 months ago

    Cemtrex Extends the Rights Offering until Dec. 21st

    Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a world leading technology and manufacturing company, has extended the date for its rights offering until December 21st, 2018 at 5:00 PM. at the fixed subscription price at $0.75 per share pursuant to the terms of the prospectus. Pursuant to the terms of the rights offering, the rights may be exercised for a maximum of $2,700,000 of subscription proceeds. The Company has chosen to extend the offering period to give common stockholders and series 1 warrant holders, particularly those holding their shares and warrants in street name who may have only recently received applicable subscription materials, additional time to participate in the rights offering should they desire to do so and due to the original expiration date falling during this holiday season.

  • Business Wire5 months ago

    Cemtrex Finalizes Rights Offering Subscription Price

    Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a world leading technology and manufacturing company, finalizes its rights offering subscription price at $0.75 per share pursuant to the terms of the prospectus. Pursuant to the terms of the rights offering, the rights may be exercised for a maximum of $2,700,000 of subscription proceeds. The rights offering subscription period is set to expire by 5:00 PM NYC time on Wednesday, December 19, 2018, unless the rights offering is extended for up to additional 30 days.

  • GlobeNewswire5 months ago

    Cemtrex Announces Rights Offering Reminder

    Farmingdale, NY, Dec. 18, 2018 (GLOBE NEWSWIRE) --  –  Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a world leading technology and manufacturing company, reminds its right holders of its previously announced rights offering. The rights offering subscription price is 95% of the volume weighted average price of Cemtrex’s common stock for the five trading day period ending on December 19, 2018, but in no event more than $1.06 per share. Pursuant to the terms of the rights offering, the rights may be exercised for a maximum of $2,700,000 of subscription proceeds.

  • GlobeNewswire5 months ago

    Cemtrex Launches Reseller Program for SmartDesk

    Farmingdale, NY, Dec. 17, 2018 (GLOBE NEWSWIRE) --  - Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW),  a world-leading technology and manufacturing company, today that it is launching a program enabling Information Technology (IT)  Value Added Resellers (VARs) to market and support the Cemtrex SmartDesk for enterprise customers. This will create new revenue opportunities for those resellers who join the program and provide easier access for the Company to market to enterprise customers. Cemtrex will provide resellers with training, support, and tools for sales and marketing, as well as access to tools for integrating the Cemtrex SmartDesk into their customers' business operations.