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Cemtrex Inc. (CETX) Has Fallen To A New Low For The Year After Q2 Report

Cemtrex Inc. (CETX) reported second quarter EPS of $0.04 after the bell Tuesday, unchanged from the prior year period. Net sales decreased by 32% to $20,601,212 from $30,504,983 last year.

Cemtrex gapped open sharply lower Wednesday morning and is now down 0.40 at $2.23. The stock has dropped to a new low for the year.

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