Cemtrex
CETX

$0.20

1.56%

Market Cap: 3.31M

About: Cemtrex Inc is a multi-industry technology company. It has expanded in a range of sectors, including smart technologies, virtual and augmented realities, industrial solutions, and intelligent security system. The company's operating segment includes the Security segment, Industrial Services segment and the Corporate segment. It generates maximum revenue from the Security segment. It geographically operates in USA, UK and India wherein maximum revenue is generated in USA.

Employees: 388

Information Technology Electronic Components & Accessories

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

100% more repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 0

0.01% more ownership

Funds ownership: 1.97% [Q4 2023] → 1.97% (+0.01%) [Q1 2024]

13% less capital invested

Capital invested by funds: $101K [Q4 2023] → $87.8K (-$13.2K) [Q1 2024]

25% less funds holding

Funds holding: 4 [Q4 2023] → 3 (-1) [Q1 2024]

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 1

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Research analyst outlook

We haven’t received any recent analyst ratings for CETX.

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Financial journalist opinion

Cemtrex, Inc. (CETX) Q2 2024 Earnings Call Transcript

Cemtrex, Inc. (NASDAQ:CETX ) Q2 2024 Earnings Conference Call May 14, 2024 5:00 PM ET Company Participants Saagar Govil - CEO Paul Wyckoff - CFO Conference Call Participants Operator Greetings, and welcome to the Cemtrex Second Quarter 2024 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

Cemtrex, Inc. (CETX) Q2 2024 Earnings Call Transcript

Cemtrex Reports Second Quarter 2024 Financial Results

Hauppauge, NY, May 14, 2024 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, has reported its unaudited financial and operational results for the fiscal second quarter ended March 31, 2024.

Cemtrex Reports Second Quarter 2024 Financial Results

Cemtrex, Inc. Announces Closing of $10 Million Upsized Underwritten Public Offering

Hauppauge, NY, May 03, 2024 (GLOBE NEWSWIRE) -- – Cemtrex, Inc. (Nasdaq: CETX) (the “Company”), an advanced security technology and industrial services company, today announced the closing of a firm commitment underwritten public offering with gross proceeds to the Company of approximately $10 million, before deducting underwriting discounts and other estimated expenses payable by the Company. The offering was upsized from $9 million. The base offering consisted of 11,764,705 Common Units or Pre-Funded Units, each consisting of one share of common stock (“Common Share”) or one Pre-Funded Warrant, one Series A Warrant to purchase one Common Share at an exercise price of $0.85 per share or pursuant to an alternative cashless exercise option, which warrant will expire two-and-a-half years from the closing date of this offering (the “Series A Warrant”) and one Series B Warrant to purchase one Common Share at an exercise price of $0.85 per share, which warrant will expire on the five-year anniversary of the closing date of this offering (the “Series B Warrants” and together with the Series A Warrants, the “Warrants”). The purchase price of each Common Unit was $0.85, and the purchase price of each Pre-Funded Unit was $0.849 (which is equal to the public offering price per Common Unit minus $0.001). The Pre-Funded Warrants will be immediately exercisable and may be exercised at any time until all the Pre-Funded Warrants are exercised in full.

Cemtrex, Inc. Announces Closing of $10 Million Upsized Underwritten Public Offering

Cemtrex, Inc. Announces Pricing of $10 Million Upsized Underwritten Public Offering

Hauppauge, NY, May 01, 2024 (GLOBE NEWSWIRE) -- – Cemtrex, Inc. (Nasdaq: CETX) (the “Company”), an advanced security technology and industrial services company, today announced the pricing of a firm commitment underwritten public offering with gross proceeds to the Company expected to be approximately $10 million, before deducting underwriting discounts and other estimated expenses payable by the Company. The offering was upsized from $9 million. The base offering consists of 11,764,705 Common Units or Pre-Funded Units, each consisting of one share of common stock (“Common Share”) or one Pre-Funded Warrant, one Series A Warrant to purchase one Common Share at an exercise price of $0.85 per share or pursuant to an alternative cashless exercise option, which warrant will expire two-and-a-half years from the closing date of this offering (the “Series A Warrant”) and one Series B Warrant to purchase one Common Share at an exercise price of $0.85 per share, which warrant will expire on the five-year anniversary of the closing date of this offering (the “Series B Warrants” and together with the Series A Warrants, the “Warrants”). The purchase price of each Common Unit is $0.85, and the purchase price of each Pre-Funded Unit is $0.849 (which is equal to the public offering price per Common Unit minus $0.001). The Pre-Funded Warrants will be immediately exercisable and may be exercised at any time until all the Pre-Funded Warrants are exercised in full.

Cemtrex, Inc. Announces Pricing of $10 Million Upsized Underwritten Public Offering

Why Is Cemtrex (CETX) Stock Down 40% Today?

Cemtrex (NASDAQ: CETX ) stock is falling on Wednesday after the company launched a public offering of its shares. This public offering has the company selling 5,056,179 shares of CETX stock at an assumed price of $1.78 per share.

Why Is Cemtrex (CETX) Stock Down 40% Today?

Cemtrex's Vicon Industries to Attend ISC West 2024

Vicon to Showcase New Unified Cloud Solution Anavio with Groundbreaking Face Authentication and Person of Interest Tracking Vicon to Showcase New Unified Cloud Solution Anavio with Groundbreaking Face Authentication and Person of Interest Tracking

Cemtrex's Vicon Industries to Attend ISC West 2024

Cemtrex's Advanced Industrial Services Secures New Orders Totaling $2.1 Million

Hauppauge, NY, March 11, 2024 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, today announced it has received $2.1 million in new orders through its Advanced Industrial Services (“AIS”) subsidiary underscoring the Company's strong market position and optimistic growth outlook. These orders, including a $1.6 million order for two relocation projects from a leading printing and graphics company, and a $0.5 million order to remove existing equipment for an engineering and construction company, affirm AIS' commitment to delivering excellence across its service offerings.

Cemtrex's Advanced Industrial Services Secures New Orders Totaling $2.1 Million

Cemtrex Announces Beta Release of Pioneering AI Gun Detection Feature

Disruptive Artificial Intelligence (AI) Gun Detection Feature to Launch in the Second Calendar Quarter of 2024, Marking a Significant Milestone Achievement for Detecting Armed Persons in Surveillance Footage Disruptive Artificial Intelligence (AI) Gun Detection Feature to Launch in the Second Calendar Quarter of 2024, Marking a Significant Milestone Achievement for Detecting Armed Persons in Surveillance Footage

Cemtrex Announces Beta Release of Pioneering AI Gun Detection Feature

Cemtrex Issues Shareholder Letter and Provides Corporate Update

Completed Restructuring in 2023 Now Positions AIS and Vicon Segments for Continued Revenue Growth and Expanded Operating Profitability Completed Restructuring in 2023 Now Positions AIS and Vicon Segments for Continued Revenue Growth and Expanded Operating Profitability

Cemtrex Issues Shareholder Letter and Provides Corporate Update

Cemtrex, Inc. (CETX) Q1 2024 Earnings Call Transcript

Cemtrex, Inc. (CETX) Q1 2024 Earnings Call Transcript

Cemtrex, Inc. (CETX) Q1 2024 Earnings Call Transcript

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