Cemtrex Holds Annual Shareholders Meeting, Elects Board

Cemtrex ( (CETX) ) has issued an announcement.

On May 16, 2025, Cemtrex Inc. held its Annual Meeting of Shareholders, where a quorum of 89.5% was achieved with 22,088,218 voting shares represented. During the meeting, shareholders elected four nominees to the Board of Directors and ratified the appointment of Grassi Co. as the independent registered public accounting firm for the fiscal year ending September 30, 2024. Both proposals were approved in line with the Board’s recommendations.

Spark’s Take on CETX Stock

According to Spark, TipRanks’ AI Analyst, CETX is a Neutral.

Cemtrex’s stock score reflects considerable financial challenges, with declining income and profitability, high leverage, and negative cash flows. Although technical indicators suggest some short-term upward momentum, the overall financial instability and lack of earnings result in a moderate stock score.

To see Spark’s full report on CETX stock, click here.

More about Cemtrex

Average Trading Volume: 155,835

Technical Sentiment Signal: Sell

Current Market Cap: $3.07M

See more data about CETX stock on TipRanks’ Stock Analysis page.