Cemex S.A.B. De C.V. ADR (NYSE:CX) shares traded -1.81% lower at $7.61 on Wall Street last session.
CX stock price is now -8.30% away from the 50-day moving average and 0.56% away from the 200-day moving average. The market capitalization of the company currently stands at $11.50B.
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With the price target of $9, RBC Capital Mkts recently initiated with Underperform rating for Cemex S.A.B. De C.V. ADR (NYSE: CX). On April 24, 2024, BofA Securities Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock keeping its target price maintained at $9, while ‘Barclays’ rates the stock as ‘Equal Weight’
A total of 0.00% of the company’s stock is owned by insiders.
During the past 12 months, Cemex S.A.B. De C.V. ADR has had a low of $5.67 and a high of $9.27. As of last week, the company has a debt-to-equity ratio of 0.67, a current ratio of 0.78, and a quick ratio of 0.51. According to the stock market information, the enterprise value for the company is $117969592320, which is based on a 52.85 price-to-earnings ratio, a 3.89 price-to-earnings-growth ratio, and a beta of 1.47. The fifty day moving average price for CX is $8.2894 and a two-hundred day moving average price translates $7.5662 for the stock.
The latest earnings results from Cemex S.A.B. De C.V. ADR (NYSE: CX) was released for 2024-03-31. The net profit margin was 1.21% and return on equity was 1.79% for CX. The company reported revenue of $4.14 billion for the quarter, compared to $4.04 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.52 percent.
