XNAS
CETX
Market cap3mUSD
Jul 09, Last price
2.58USD
1D
-6.18%
1Q
-75.89%
Jan 2017
-100.00%
IPO
-100.00%
Name
Cemtrex Inc
Chart & Performance
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Profile
Cemtrex, Inc. functions as a technology company with operations spanning the United States and international markets. The company organizes its business into two primary segments: Advanced Technologies and Industrial Services. The Advanced Technologies division develops and supplies Internet of Things (IoT) products and smart devices under the SmartDesk brand, targeting sectors like mobile, web, virtual and augmented reality (VR/AR), wearables, and television. It also delivers comprehensive security and video surveillance systems, alongside VR/AR solutions, for diverse commercial and industrial applications. This segment’s offerings further include browser-based video monitoring platforms, analytics-driven recognition systems, cameras, servers, and access control solutions, utilized for security and oversight in various settings such as industrial and commercial facilities, federal correctional institutions, hospitals, universities, schools, and government offices. In contrast, the Industrial Services segment provides integrated, single-source solutions encompassing rigging, millwrighting, in-plant maintenance, equipment erection, relocation, and disassembly. It specializes in installing high-precision equipment across numerous industrial sectors, including automotive, printing and graphics, industrial automation, packaging, and chemical manufacturing, among others. Furthermore, this segment offers maintenance and contracting services tailored for the machinery, packaging, printing, chemical, and broader manufacturing markets. Established in 1998, the company was initially known as Diversified American Holding, Inc. before adopting the name Cemtrex, Inc. in December 2004. Its corporate headquarters are located in Brooklyn, New York.
Valuation
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