24/7 Market News Snapshot 12 June, 2025 – CEMTREX INC. (NASDAQ:CETX)
DENVER, Colo., 12 June, 2025 (www.247marketnews.com) – (NASDAQ:CETX) are discussed in this article.
Cemtrex Inc. (CETX) has demonstrated remarkable performance today, opening at $0.99 and climbing to $1.10, reflecting an increase of 11.11%. This movement follows a previous closing price of $0.99 and indicates a potential breakout, with trading volume reaching 1.00 million shares, further highlighting significant investor engagement. The company has surpassed its recent resistance level, suggesting promising upward potential. Traders are advised to monitor key support around the $1.00 mark while utilizing momentum indicators to determine the sustainability of this trend. Overall, the sentiment surrounding CETX remains positive, pointing towards favorable market conditions.
In conjunction with the stock’s strong performance, Cemtrex is making strategic moves to enhance operational income growth through targeted acquisitions. Following a strong first half of fiscal 2025, the company reported an operating income exceeding $2.3 million, a notable increase that indicates the profitability of its core sectors, particularly in security. Revenue during this period totaled over $41 million, showcasing a year-over-year growth rate exceeding 20%. CEO Saagar Govil expressed confidence in the company’s future, stating, “We’ve crossed the profitability threshold; now we’re focused on acquiring businesses that will enhance our immediate earnings and long-term value.”
Cemtrex is actively evaluating two prospective acquisition targets along with several more, anticipated to contribute an additional $3 to $4 million in annual operating income. The company aims to finance these acquisitions through a mix of internal capital, seller financing, and non-toxic equity raises, emphasizing its strategic focus on enhancing shareholder value. As Cemtrex continues its journey towards growth and innovation, updates on new developments will be communicated to stakeholders, reinforcing its commitment to strategic expansion within the technology and industrial sectors.
Related news for (CETX)
- Cemtrex Signs Letters of Intent for Two Strategic Acquisitions in Robotics and Aerospace
- 24/7 Market News Snapshot 25 August, 2025 – CEMTREX INC. (NASDAQ:CETX)
- MoBot alert highlights: NASDAQ: MWYN, NASDAQ: NAMM, NASDAQ: IMG, NASDAQ: FDMT, NASDAQ: CETX (07/31/25 07:00 PM)
- MoBot alert highlights: NASDAQ: MWYN, NASDAQ: NAMM, NASDAQ: IMG, NASDAQ: FDMT, NASDAQ: CETX (07/31/25 06:00 PM)
- Breaking News: MoBot’s Latest Update as of 07/31/25 05:00 PM