Cemtrex (CETX) said Friday that it has regained compliance with Nasdaq's minimum bid price requirement.
As a result, the company's stock will continue to be listed and traded on Nasdaq, it added.
Cemtrex received a notice from Nasdaq on June 14 stating that its stock's closing bid price had been below the required $1 per share for 30 consecutive business days. The company was given until Dec. 11 to meet the requirement, it said.
Price: 3.27, Change: +0.01, Percent Change: +0.31
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