Shares of Cemtrex, Inc. (NASDAQ:CETXP – Get Free Report) fell 17.5% during mid-day trading on Friday . The company traded as low as $0.4950 and last traded at $0.4950. 111 shares traded hands during trading, a decline of 99% from the average daily volume of 7,805 shares. The stock had previously closed at $0.60.
Cemtrex Trading Down 17.5%
The firm has a fifty day moving average price of $0.51 and a 200 day moving average price of $0.46.
About Cemtrex
Cemtrex, Inc (NASDAQ:CETXP) is a diversified technology company that designs, engineers and manufactures advanced industrial solutions. The company’s core offerings span the full lifecycle of industrial Internet of Things (IIoT) systems, digital transformation services, cybersecurity solutions and precision manufacturing. By integrating hardware, software and analytics, Cemtrex addresses complex automation and monitoring challenges in high-performance environments.
Through its technology segment, Cemtrex develops end-to-end IIoT platforms that connect sensors, devices and enterprise networks to provide real-time data insights for energy management, predictive maintenance and operational efficiency.
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