Stock Mover of the Day: What Will Happen to Cemtrex Inc Next? The Stock Just Declined A Lot

Stock Mover of the Day: What Will Happen to Cemtrex Inc Next? The Stock Just Declined A Lot

The stock of Cemtrex Inc (NASDAQ:CETX) is a huge mover today! About 82,719 shares traded hands. Cemtrex Inc (NASDAQ:CETX) has risen 88.31% since April 6, 2016 and is uptrending. It has outperformed by 86.36% the S&P500.
The move comes after 5 months negative chart setup for the $41.17M company. It was reported on Nov, 8 by Barchart.com. We have $3.72 PT which if reached, will make NASDAQ:CETX worth $4.53M less.

According to Zacks Investment Research, “Cemtrex Inc. is a technology company. The Company through its Monitoring Instruments and Products division manufactures sells and services instruments, software and systems for monitoring emissions of greenhouse gases, hazardous gases, particulate and other regulated pollutants. Its product are sold to power plants, refineries, chemical plants, cement plants and other industries, including federal and state governmental agencies. Cemtrex Inc. is based in Farmingdale, New York.”

More important recent Cemtrex Inc (NASDAQ:CETX) news were published by: Quotes.Wsj.com which released: “Cemtrex Inc. CETX (US: Nasdaq)” on June 30, 2015, also Prnewswire.com published article titled: “Cemtrex Inc. Announces Uplisting to NASDAQ and New Symbol “CETX””, Marketwatch.com published: “Cemtrex Inc. NASDAQ: CETX” on July 07, 2015. More interesting news about Cemtrex Inc (NASDAQ:CETX) was released by: Seekingalpha.com and their article: “Cemtrex: Uncovering A Hidden Gem For Your Investment Portfolio” with publication date: June 06, 2016.

CETX Company Profile

Cemtrex, Inc., incorporated on April 27, 1998, is a diversified industrial and manufacturing company. The Firm operates in a range of business divisions and provides solutions to various manufacturing industries. The Firm provides electronic manufacturing services of electronic system assemblies, instruments and emission monitors for industrial processes, and industrial air filtration and environmental control systems.

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