Cemtrex, Inc. (CETX)
Cemtrex, Inc. operates in the Software - Infrastructure industry of the Technology sector, headquartered in Brooklyn, NY, US. The stock last traded at $3.01, down 1.36% on the session, giving a market capitalisation of $5.2M. On trailing twelve-month figures it carries a trailing P/E of -0.01, a net margin of -39.0%. Its beta of 2.10 implies it has historically moved more than the broad market.
Cemtrex, Inc. operates as a global technology company with a presence in the United States and internationally. Its operations are structured into two main divisions: Advanced Technologies and Industrial Services. The Advanced Technologies segment specializes in providing Internet of Things (IoT) products and smart devices, including its SmartDesk brand. These offerings serve various sectors such as mobile computing, web development, virtual and augmented reality (VR/AR) applications, wearable tech, and television. This division also furnishes security and video surveillance systems, along with VR/AR solutions, for a wide array of commercial and industrial purposes. Its specific products in this area include browser-based video monitoring platforms, analytics-driven recognition systems, cameras, servers, and access control mechanisms. These are deployed for security and oversight across diverse environments, including industrial and commercial facilities, federal prisons, hospitals, universities, schools, and federal and state government offices. The Industrial Services segment delivers end-to-end solutions for rigging, millwrighting, in-plant maintenance, equipment setup, relocation, and dismantling. It expertly installs high-precision machinery for various industrial markets, such as the automotive, printing and graphics, industrial automation, packaging, and chemicals sectors. Additionally, this segment offers maintenance and contracting support for manufacturers in machinery, packaging, printing, chemicals, and other industries. Founded in 1998 and based in Brooklyn, New York, the company was formerly known as Diversified American Holding, Inc. until its renaming to Cemtrex, Inc. in December 2004.
Cemtrex, Inc. is most often compared with the following Technology names: