Cemex S.A.B. De C.V. ADR (CX) concluded trading on Wednesday at a closing price of $7.95, with 5.39 million shares of worth about $42.84 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -0.13% during that period and on Wednesday the price saw a gain of about 1.53%. Currently the company’s common shares owned by public are about 1.51B shares, out of which, 1.51B shares are available for trading.
However, the stock later moved at a day high price of 7.96, or with a gain of 1.53%. Stock saw a price change of 4.61% in past 5 days and over the past one month there was a price change of 7.00%. Year-to-date (YTD), CX shares are showing a performance of 2.58% which increased to 54.67% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.72 but also hit the highest price of $8.81 during that period. The average intraday trading volume for Cemex S.A.B. De C.V. ADR shares is 5.63 million. The stock is currently trading -1.47% below its 20-day simple moving average (SMA20), while that difference is up 1.65% for SMA50 and it goes to 11.14% higher than SMA200.
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Cemex S.A.B. De C.V. ADR (NYSE: CX) currently have 1.51B outstanding shares and institutions hold larger chunk of about 29.08% of that.
The stock has a current market capitalization of $12.02B and its 3Y-monthly beta is at 1.48. PE ratio of stock for trailing 12 months is 60.05, while it has posted earnings per share of $0.13 in the same period. Its PEG reads 4.42 and has Quick Ratio of 0.47 while making debt-to-equity ratio of 0.63. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CX, volatility over the week remained 2.64% while standing at 3.23% over the month.
Analysts are in expectations that Cemex S.A.B. De C.V. ADR (CX) stock would likely to be making an EPS of $0.14 in the current quarter, while forecast for next quarter EPS is $0.22 and it is $0.85 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.05 which is $0.22 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.15 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 2748.64% while it is estimated to increase by 11.48% in next year. EPS is likely to grow at an annualized rate of 13.60% for next 5-years, compared to annual growth of -18.54% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Barclays on February 09, 2024 offering an Equal weight rating for the stock and assigned a target price of $9 to it. Coverage by BofA Securities stated Cemex S.A.B. De C.V. ADR (CX) stock as a Buy in their note to investors on January 09, 2024, suggesting a price target of $9 for the stock. On November 02, 2023, Citigroup Resumed their recommendations, while on May 15, 2023, BofA Securities Downgrade their ratings for the stock with a price target of $7.20. Stock get a Neutral rating from Citigroup on May 05, 2023.
