India, May 27 -- Shares of Cemtrex, Inc. (CETX) gained over 22% on Tuesday morning after the nano-cap company said it secured a $1.8 million contract for major wastewater treatment plant upgrade.
CETX is currently trading at $2.0589, up $0.3739 or 22.3078%, on a large volume of 8.2 million shares, above average volume of 122 thousand, on the Nasdaq. The stock opened its trading at $1.8300 after closing Friday at $1.6850. The stock has traded between $1.1410 and $1,176.0000 in the past 52-week period.
Advanced Industrial Services (AIS), a subsidiary of Cemtrex, has been awarded a $1.84 million contract by the City of Lancaster to upgrade critical infrastructure at its Advanced Wastewater Treatment Plant (AWWTP).
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