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Cemtrex
CETX

$0.32
1.56%
 

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

0
Funds holding %
of 6,689 funds
Analysts bullish %
News positive %

Fund manager confidence

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

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

Research analyst outlook

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

Financial journalist opinion

Neutral
GlobeNewsWire
1 month ago
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
Neutral
GlobeNewsWire
1 month ago
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