In yesterday’s Wall Street session, Cemex S.A.B. De C.V. ADR (NYSE:CX) shares traded at $6.55, down -1.65% from the previous session.
CX stock price is now 2.12% away from the 50-day moving average and -12.01% away from the 200-day moving average. The market capitalization of the company currently stands at $9.90B.
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With the price target maintained at $9, Barclays recently Upgraded its rating from Equal Weight to Overweight for Cemex S.A.B. De C.V. ADR (NYSE: CX). , while ‘RBC Capital Mkts’ rates the stock as ‘Underperform’
In other news, Saldana Madero Roger, Senior Vice President – Legal bought 45,385 shares of the company’s stock on Aug 16 ’24. The stock was bought for $305,641 at an average price of $6.73. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 07 ’24, Vice President of Strategic Pl VICENTE SAISO ALVA bought 9,648 shares of the business’s stock. A total of $60,504 was incurred on buying the stock at an average price of $6.27. 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 $5.66 and a high of $9.27. As of last week, the company has a debt-to-equity ratio of 0.64, a current ratio of 0.90, and a quick ratio of 0.65. According to the stock market information, the enterprise value for the company is $103953817600, which is based on a 56.27 price-to-earnings ratio, a 4.14 price-to-earnings-growth ratio, and a beta of 1.48. The fifty day moving average price for CX is $6.413 and a two-hundred day moving average price translates $7.4459 for the stock.
The latest earnings results from Cemex S.A.B. De C.V. ADR (NYSE: CX) was released for 2024-06-30. The net profit margin was 0.97% and return on equity was 1.58% for CX. The company reported revenue of $4.49 billion for the quarter, compared to $4.48 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.25 percent. For the current quarter, analysts expect CX to generate $4.63B in revenue.
