NEW YORK, June 25, 2015 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities, congratulates Cemtrex, Inc. on its listing on the NASDAQ Capital Market. Cemtrex previously traded on the OTCQB® Venture Marketplace operated by OTC Markets Group.

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Since it joined OTCQB on April 5, 2010, Cemtrex's share price has increased 252% to $3.80. The company's annual average daily dollar volume is $20,560 and it has a current market capitalization of $25.8 million.

"Cemtrex's graduation to the NASDAQ stock exchange is testament to the management team's hard work and ability to execute on the company's growth strategy using OTCQB," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "We are proud to have supported Cemtrex in its evolution as a public company and wish it continued success as it takes this next step."

OTC Markets Group is the global leader in exchange graduates, advancing 83 companies to the New York Stock Exchange, NASDAQ and NYSE MKT in 2014. More than 400 additional companies have graduated from the marketplaces in the past four years.

About OTC Markets Group Inc.

OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into marketplaces to inform investors of opportunities and risks: the OTCQX® Best Marketplace; the OTCQB® Venture Marketplace; and the OTC Pink® Open Marketplace. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial marketplaces, visit www.otcmarkets.com.

OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.

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Media Contact:
Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428, saskia@otcmarkets.com

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/otc-markets-group-congratulates-cemtrex-on-nasdaq-listing-300105054.html

SOURCE OTC Markets Group Inc.

Copyright 2015 PR Newswire

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