CETX - Cemtrex, Inc.
| Previous Close | 0.8712 |
| Open | 0.8401 |
| Bid | 0.85 x 1000 |
| Ask | 0.98 x 1000 |
| Day's Range | 0.8500 - 0.9500 |
| 52 Week Range | 0.8400 - 3.5700 |
| Volume | 80,816 |
| Avg. Volume | 56,666 |
| Market Cap | 11.521M |
| Beta (3Y Monthly) | 0.40 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.18 |
| Earnings Date | Aug 7, 2017 - Aug 11, 2017 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | 2017-03-29 |
| 1y Target Est | 2.00 |
- GlobeNewswire•yesterday
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%.
- GlobeNewswire•6 days 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.
- GlobeNewswire•15 days 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 Wire•21 days 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.
- GlobeNewswire•23 days 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.
- GlobeNewswire•26 days ago
Cemtrex Inc. Makes Deloitte’s 2018 Technology Fast 500™ List of Fastest Growing Companies With 153% Revenue Growth
Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), today announced it ranked on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Cemtrex’s chief executive officer, Saagar Govil, commented, “We are extremely proud to be on the Deloitte Technology Fast 500 for the 5th time since 2012.
- Business Wire•27 days 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 Wire•last month
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.
- GlobeNewswire•last month
Cemtrex Announces City of Atlanta as Latest SmartDesk Client
Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading global technology and manufacturing company, today announced that the City of Atlanta has become the latest organization to adopt the SmartDesk for their offices. “We are thrilled to have the City of Atlanta on board,” said Cemtrex’s CEO and Chairman, Saagar Govil. “The enthusiasm we have received from early adopting organizations like United Airlines has affirmed the groundbreaking value of the SmartDesk for enterprise users.
- Simply Wall St.•2 months ago
What Did Cemtrex Inc’s (NASDAQ:CETX) CEO Take Home Last Year?
Saagar Govil became the CEO of Cemtrex Inc (NASDAQ:CETX) in 2011. First, this article will compare CEO compensation with compensation at similar sized companies. After that, we will consider the Read More...
- GlobeNewswire•2 months ago
Cemtrex to Showcase Cutting Edge SmartDesk at Pepcom in San Francisco
Farmingdale, NY, Oct. 23, 2018 (GLOBE NEWSWIRE) -- — Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading global technology and manufacturing company, today announced the showcase of its flagship smart device, the SmartDesk, at this year’s Pepcom Holiday Spectacular. Cemtrex’s representatives will be on-site to assist in demonstrations of its highly anticipated SmartDesk. Cemtrex’s SmartDesk is poised to be the most advanced workstation on the market.
- Business Wire•2 months ago
Cemtrex Provides Update on Release of Its WorkbenchXR Mixed Reality (XR) Application
Cemtrex Inc. , a world leading technology and manufacturing company, provided an update on the release of its upcoming Virtual Reality & Augmented Reality application, WorkbenchXR.
- Business Wire•2 months ago
Cemtrex Announces Settlement of Class Action Securities Lawsuit & Derivative Actions
Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a world leading technology and manufacturing company, announced today that the Company has agreed to settle the pending alleged securities class action lawsuit filed against it in the Eastern District of New York. The Company has also agreed to settle the related stockholder derivative litigation filed in the Eastern District of New York and New York state court. Under the class action settlement, the Company specifically denies that it has engaged in any wrongdoing or had liability.
- Business Wire•2 months ago
Cemtrex Receives over $13M in New Orders in its EMS Segment During Most Recent Quarter
Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a world leading technology and manufacturing company, announced today that the company received over $13 million in new orders in its Electronics Manufacturing Services (EMS) Segment during its most recent quarter ended September 30th, 2018. The Company’s new orders were driven primarily by customers in wearable smart devices, medical devices, industrial technology, automation, and measurement devices. The orders came from both new customers and existing customers such as ERBE, ABB, and Heinzmann.
- GlobeNewswire•2 months ago
Cemtrex To Present At B. Riley Annual Consumer & Media Conference on October 4th, 2018
Farmingdale, NY, Oct. 02, 2018 -- Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a world leading technology and manufacturing company, announced today that the Company will be.
- GlobeNewswire•3 months ago
Cemtrex to Present SmartDesk at Microsoft Ignite 2018
Farmingdale, NY, Sept. 25, 2018 (GLOBE NEWSWIRE) -- — Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading global technology and manufacturing company, today announced the showcase of its flagship smart device, the SmartDesk, at this year’s Microsoft Ignite conference. The event will be held Monday, September 24 through Friday, September 28, 2018 at the Orange County Convention Center in Orlando, Florida. Cemtrex will be on-site at booth #748 to assist in demonstrations of its highly anticipated SmartDesk, as well as its virtual reality (VR) and augmented reality (AR) software application, WorkbenchXR.
- GlobeNewswire•3 months ago
Cemtrex Launches New Virtual Reality Game “Quazar”
Farmingdale, NY, Sept. 25, 2018 (GLOBE NEWSWIRE) -- -- Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading global technology and manufacturing company, today announced the release of an original content virtual reality (VR) game titled Quazar. The game was developed in-house by the Cemtrex VR team for Oculus Go and Cemtrex’s flagship smart device, the SmartDesk. Designed and developed as a truly unique VR experience from the ground up, Quazar blends a classic favorite with Oculus Go’s 3DoF mechanisms to bring an immersive ping pong experience.
- Simply Wall St.•3 months ago
Is Cemtrex Inc (NASDAQ:CETX) An Attractive Dividend Stock?
Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. In the last few years Cemtrex Inc (NASDAQ:CETX)Read More...
- Business Wire•4 months ago
Cemtrex, Inc. Announces Results for the Third Quarter Ended June 30, 2018
Cemtrex, Inc. , world leading multi-industry technology company that provides a wide array of solutions to meet today’s consumer, commercial, and industrial challenges, announced its third quarter consolidated results of operations for the three and nine months ended June 30, 2018.
- Business Wire•4 months ago
Cemtrex Releases New Higher Spec Version of SmartDesk for High Performance Markets
Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a world leading technology and manufacturing company, today announced the release of a second SmartDesk model with higher specs due to increasing demand for higher performance PCs. “We’ve been thrilled with the massive response to the SmartDesk since we launched in May,” said Cemtrex’s CEO Saagar Govil. Anyone who placed a reservation for a SmartDesk will have the option to upgrade before their SmartDesk ships and choose their desired color: Piano Black or Stealth Black.
- Business Wire•4 months ago
Robbins Arroyo LLP: Cemtrex, Inc. (CETX) Misled Shareholders According to an Amended Class Action Complaint
Shareholder rights law firm Robbins Arroyo LLP announces that purchasers of Cemtrex, Inc. (CETX) filed an amended class action complaint against the company's officers and directors for alleged violations of the Securities Exchange Act of 1934 between December 26, 2012 and March 6, 2017. Cemtrex provides electronic manufacturing services of electric system assemblies, broad-based industrial services, and industrial air filtration and environmental control equipment and systems worldwide. According to the complaint, Cemtrex insiders schemed to use the company for their own private gain by manipulating its common stock.
- Business Wire•5 months ago
Cemtrex Reports On-going Demand for SmartDesk With Orders from Clients Including United Airlines, VMWare, and More
Cemtrex Inc. (Nasdaq:CETX, CETXP, CETXW), a world leading technology and manufacturing company, today announced that, only two months after making its breakthrough SmartDesk available for preorder, the Company continues to receive preorders from marquee customers such as VMWare and United Airlines as well as extremely positive feedback from corporate clients who have long-term interest in the product for their organizations. The Company has received expressions of interest, in purchasing hundreds of SmartDesk units from major airlines, world renowned universities, global engineering companies, big banks, medical centers, IT companies and other FORTUNE 500 corporations globally, who intend to place larger orders after Cemtrex has delivered on their initial small orders.
