CETX - Cemtrex, Inc.
| Previous Close | 1.6000 |
| Open | 1.5500 |
| Bid | 1.3200 x 1000 |
| Ask | 1.9200 x 800 |
| Day's Range | 1.2000 - 1.5500 |
| 52 Week Range | 1.2000 - 15.8400 |
| Volume | 262,239 |
| Avg. Volume | 746,517 |
| Market Cap | 3.378M |
| Beta (3Y Monthly) | 2.34 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | 2017-03-29 |
| 1y Target Est | N/A |
- GlobeNewswire
CemtrexLabs Named a Top App Developer by Clutch
Long Island City, NY, July 30, 2019 (GLOBE NEWSWIRE) -- - Cemtrex today announced that their subsidiary, CemtrexLabs (cemtrexlabs.com), has been ranked as one of the world’s top small business web developers by Clutch, one of the world’s largest B2B ratings and reviews sites in the world. CemtrexLabs delivers cutting edge technology solutions to help businesses grow through digital transformations, mobile experiences and technological innovation. CemtrexLabs has served hundreds of companies, ranging from small businesses to globally recognized brands, delivering a wide-range of technologies from augmented and virtual reality experiences, mobile apps, websites and business-critical web portals.
- GlobeNewswire
Cemtrex Industrial Segment Sees Increase in Demand from Packaging Related Industries
Long Island City, NY, July 30, 2019 (GLOBE NEWSWIRE) -- – Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a world leading technology company, announced today that, through its subsidiary, Advanced Industrial Services Inc. (“AIS”, www.ais-york.com), it has received new orders with several marquee customers in packaging and packaging OEMs in recent months. This calendar year, the Company is now on pace to see its packaging industry related revenues increase by 10% from 2018 when the annual sales derived from the package industry were just shy of $5,000,000. AIS provides industrial contracting services for various package handling equipment OEMs, facilities, and warehouses for companies involved in package handling equipment, corrugated manufacturing equipment, cardboard box manufacturing, plastic laminates and film printing equipment, food packaging, cartons and trays, glues and adhesives, label printing, among others.
- GlobeNewswire
Cemtrex Announces Software Development of Arcadium - an Augmented Reality Experience for 7 Luxury Brands at Hudson Yards in New York City
Long Island City, NY, July 11, 2019 (GLOBE NEWSWIRE) -- - Cemtrex (Nasdaq: CETX, CETXP, CETXW), a leading technology company, today announced it has developed for luxury brands housed under Richemont, Arcadium - an upcoming immersive augmented reality (AR) experience featuring seven innovative experiences. Arcadium’s augmented reality experience is custom engineered and designed by Cemtrex for Cartier, Jaeger-LeCoultre, Montblanc, Officine Panerai, Piaget, Vacheron Constantin and IWC Shaffhausen.
- Business Wire
Cemtrex Prices $500,000 Registered Offering
Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a world leading technology and manufacturing company, announced today the pricing of a registered direct offering of approximately $500,000 of common stock at a price of $2.23 per share. The Company shall issue 224,215 shares in connection with the offering upon closing. Advisory Group Equity Services, Ltd. doing business as RHK Capital shall act as the Corporation’s placement agent in connection with the offering and will receive a commission of 5% of the offering amount.
- GlobeNewswire
Cemtrex Regains Nasdaq Listing Compliance
Long Island City, NY, June 28, 2019 -- – Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a world leading technology and manufacturing company, announced today announced that.
- GlobeNewswire
Cemtrex EMS Segment Receives $6M in New Orders, Backlog at $50M
Long Island City, NY, June 27, 2019 -- – Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a world leading technology and manufacturing company, announced today that the company.
- GlobeNewswire
Cemtrex Completes Development of Augmented Reality Application for National Cultural Center in Saudi Arabia
Cemtrex (Nasdaq: CETX, CETXP, CETXW) announced today that is has completed the development of a major augmented reality application for the King Abdulaziz Center for National Dialogue (KACND) in Saudi Arabia. The application gives visitors an innovative and interactive experience when visiting the Center, allowing them to unveil secrets while interacting with various rooms around the venue and the community around them. Augmented reality applications for mobile devices is a rapidly growing industry.
- Business Wire
Cemtrex Common Stock Reverse Split is Effective on June 13, 2019
Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading global technology company, today announced that previously announced 6:1 reverse split of its outstanding common shares has been changed by the Company’s board of directors to 8:1, effective at 9:00 a.m., EDT, on June 13, 2019. The Company’s board of directors changed the reverse stock split ratio to ensure that the Company shall meet with NASDAQ’s compliance requirement for maintaining its common stock on the exchange. The Company's common stock will continue to trade under the symbol "CETX".
- Business Wire
Cemtrex Announces Final Court Approval of the Settlements in the Securities Class Action & Shareholder Derivative Lawsuits
Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading global technology company, today announced that the court has approved the previously announced settlements in the alleged securities class action lawsuit and related shareholder derivative litigations, filed in the Eastern District of New York and New York state court. Under the class action settlement, the Company specifically denies any liability or that it has engaged in any wrongdoing. On behalf of the defendants, the Company’s insurer will pay $625,000 to the class of plaintiffs to resolve all claims asserted or could have been asserted in the litigation.
- Business Wire
Cemtrex Announces Reverse Split to Regain NASDAQ Compliance
Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading global technology company, today announced that effective at 9:00 a.m., EDT, on June 13, 2019, the Company will effect a six-for-one reverse stock split of its outstanding common stock. The reverse stock split is primarily intended to bring the Company into compliance with the minimum average closing share price requirement for maintaining its listing on the Nasdaq Capital Market. The Company's common stock will continue to trade under the symbol "CETX".
- Business Wire
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.
- GlobeNewswire
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.
- GlobeNewswire
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.
- ACCESSWIRE
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 ...
- GlobeNewswire
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.
- GlobeNewswire
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.
GlobeNewswireCemtrex 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.
- GlobeNewswire
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.
- GlobeNewswire
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.
- GlobeNewswire
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.
- GlobeNewswire
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.
- GlobeNewswire
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.
- GlobeNewswire
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.
- GlobeNewswire
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.
- GlobeNewswire
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.