CETX - Cemtrex, Inc.

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
0.8500
+0.0199 (+2.40%)
At close: 4:00PM EST
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Previous Close0.8301
Open0.8716
Bid0.75 x 1200
Ask0.98 x 800
Day's Range0.8449 - 0.8716
52 Week Range0.5400 - 3.3300
Volume149,213
Avg. Volume118,049
Market Cap11.328M
Beta (3Y Monthly)1.51
PE Ratio (TTM)N/A
EPS (TTM)-0.90
Earnings DateAug 7, 2017 - Aug 11, 2017
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2017-03-29
1y Target Est2.00
Trade prices are not sourced from all markets
  • GlobeNewswire2 days 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.

  • GlobeNewswire8 days 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.

  • GlobeNewswire9 days 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.

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  • GlobeNewswire22 days 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
    GlobeNewswirelast month

    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.

  • GlobeNewswirelast month

    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”).

  • GlobeNewswirelast month

    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
    GlobeNewswirelast month

    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.

  • GlobeNewswirelast month

    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.

  • GlobeNewswirelast month

    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.

  • Do Insiders Own Shares In Cemtrex, Inc. (NASDAQ:CETX)?
    Simply Wall St.2 months ago

    Do Insiders Own Shares In Cemtrex, Inc. (NASDAQ:CETX)?

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  • Business Wire2 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 Wire2 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.

  • GlobeNewswire2 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.

  • GlobeNewswire2 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.

  • GlobeNewswire2 months ago

    Cemtrex to Host Investor Webinar on Dec. 11 to Provide Update on Flagship IoT Product, SmartDesk

    Farmingdale, NY, Dec. 11, 2018 (GLOBE NEWSWIRE) --  - Cemtrex Inc. (NASDAQ: CETX, CETXP, CETXW), a leading global technology and manufacturing company, will host an investor webinar and live Q&A session on Tuesday, December 11, 2018 at 1 p.m. EST. The webinar will feature a presentation by Saagar Govil, CEO of Cemtrex. Govil will provide news on the Company’s flagship IoT product, SmartDesk, the world’s most advanced workstation, with delivery of the initial orders of the SmartDesk expected in 1Q19 at prices ranging between $4,000 and $6,000 per desk, with gross margins of over 30%.

  • GlobeNewswire2 months ago

    Cemtrex to Showcase SmartDesk at Consumer Electronics Show (CES) 2019

    Farmingdale, NY, Dec. 06, 2018 (GLOBE NEWSWIRE) --  - Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading global technology and manufacturing company, today announced that will showcase the company’s flagship device, the SmartDesk, at the most influential technology event in the world, CES 2019. Cemtrex will be on-site at booth #17927 at the Las Vegas Convention Center, Central Hall 1. In 2018, CES attracted over 180,000 global attendees who are actively interested in the most cutting-edge technology the world has to offer.

  • GlobeNewswire3 months ago

    Cemtrex Provides Additional Information Regarding Rights Offering

    Farmingdale, NY, Nov. 27, 2018 (GLOBE NEWSWIRE) --  -  Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a world-leading technology and manufacturing company, today provided more information regarding its upcoming rights offering. “We currently have a backlog of approximately 800 SmartDesks and this offering will provide funds to help fulfill these orders by getting 1500 SmartDesks delivered in our warehouse from our supply chain in the coming weeks,” said Saagar Govil, CEO of Cemtrex. “With 1500 SmartDesks on hand, we will also be able to accommodate the requirements of new clients who want be part of our Enterprise sales program and furthermore, we will be able to immediately deliver any new orders, eliminating the wait that customers might face.

  • Business Wire3 months ago

    Cemtrex Announces Maximum Price of Common Stock for Rights Offering Launching on Monday, November 26

    Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a world leading technology and manufacturing company, announced today the pricing of its previously announced rights offering. The rights offering will be made through a dividend in the form of one non-transferable subscription right for each one share of common stock and for every ten series 1 warrants owned by holders on the record date at a price which is lesser of (i) $1.06 per share of common stock, or (ii) 95% of the volume weighted average price of the Company’s common stock for the five trading day period through and including December 19, 2018, rounded up to the nearest whole penny. Pursuant to the terms of the rights offering, the rights may be exercised for a maximum of $2,700,000 of subscription proceeds.

  • GlobeNewswire3 months ago

    Cemtrex Announces Rush University Medical Center Has Joined the SmartDesk Pilot Program

    Farmingdale, NY, Nov. 19, 2018 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading global technology and manufacturing company, today announced that Rush University Medical Center has joined the SmartDesk Pilot Program. The SmartDesk Pilot Program allows large organizations like Rush University to evaluate the SmartDesk for their internal use cases before purchasing on a larger scale. Organizations typically spend one to two months exploring the SmartDesk and evaluating its best uses within their work environments before making larger purchasing decisions.

  • Business Wire3 months ago

    Cemtrex Revises Terms of Upcoming Rights Offering

    The subscription price will be the equal of the lesser of (i) 90% of the Volume Weighted Average Price (“VWAP”) for our common stock for the ten (10) trading day period ending on the Record date, or (ii) 95% of the VWAP for our common stock for the five (5) trading day period through and including Wednesday, December 19, 2018, in each case rounded to the nearest whole penny. Under the terms of the rights offering, Cemtrex will distribute, at no charge, non-transferable subscription rights to purchase one share of its common stock to holders of record for each share of common stock held on the record date, and one share of its common stock to holders of record for every 10 publicly-traded warrants held on the record date.

  • Business Wire3 months ago

    Cemtrex Announces Subscription Rights Offering with Expected Calendar

    Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a world leading technology and manufacturing company, announced today that it will be declaring a dividend to its stockholders of record in the form of subscription rights. Under the terms of the rights offering, Cemtrex will distribute, at no charge, non-transferable subscription rights to purchase one share of its common stock to holders of record for each share of common stock held on the record date, and one share of its common stock to holders of record for every 10 publicly-traded warrants held on the record date.