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What’s Going On With Cemtrex Shares

Cemtrex Inc (NASDAQ: CETX) shares are trading higher by 6.77% to $0.18 Wednesday morning after the company announced a $1.5 million Vicon Industries order. What Else?
byHenry Khederian
January 11, 2023
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Cemtrex Inc (NASDAQ:CETX) shares are trading higher by 6.77% to $0.18 Wednesday morning after the company announced a $1.5 million Vicon Industries order.

What Else?

Cemtrex says the order comes from a current large border protection customer in Texas to expand its security technology system with new security solutions.

See Also: Why Laser Photonics Stock Is Rising Wednesday

The company says with Vicon’s software solution currently deployed at the site, the new order expands the customer’s state-of-the-art video surveillance security capabilities with the addition of the company’s award-winning Roughneck multi-sensor cameras and servers.

According to data from Benzinga Pro, CETX has a 52-week high of $0.91 and a 52-week low of $0.09.

 
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By Charles Gross
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Moody's Investors Service (Moody's) has today downgraded all long-term ratings and assessments of First Republic Bank (First Republic) and maintained the review for downgrade. First Republic's long-term issuer rating and local currency subordinate ratings were downgraded to B2 from Baa1, and preferred stock non-cumulative rating was downgraded to Caa1(hyb) from Baa3(hyb).

FRC