Cemex S.A.B. De C.V. ADR [NYSE: CX] loss -0.92% or -0.07 points to close at $7.51 with a heavy trading volume of 5466433 shares.
The daily chart for CX points out that the company has recorded 12.09% gains over the past six months.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
If we look at the average trading volume of 6.54M shares, CX reached to a volume of 5466433 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Cemex S.A.B. De C.V. ADR [CX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CX shares is $11.18 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CX stock is a recommendation set at 1.65. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
RBC Capital Mkts have made an estimate for Cemex S.A.B. De C.V. ADR shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on May 14, 2024. The new note on the price target was released on April 24, 2024, representing the official price target for Cemex S.A.B. De C.V. ADR stock. Previously, the target price had yet another raise to $9, while Barclays analysts kept a Equal Weight rating on CX stock.
The Average True Range (ATR) for Cemex S.A.B. De C.V. ADR is set at 0.19, with the Price to Sales ratio for CX stock in the period of the last 12 months amounting to 0.65. The Price to Book ratio for the last quarter was 0.92, with the Price to Cash per share for the same quarter was set at 0.31. Price to Free Cash Flow for CX in the course of the last twelve months was 10.28 with Quick ratio for the last quarter at 0.51.
Trading performance analysis for CX stock
Cemex S.A.B. De C.V. ADR [CX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.10. With this latest performance, CX shares dropped by -7.40% in over the last four-week period, additionally plugging by 12.09% over the last 6 months – not to mention a rise of 19.21% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CX stock in for the last two-week period is set at 31.50, with the RSI for the last a single of trading hit 25.53, and the three-weeks RSI is set at 36.14 for Cemex S.A.B. De C.V. ADR [CX]. The present Moving Average for the last 50 days of trading for this stock 8.23, while it was recorded at 7.58 for the last single week of trading, and 7.56 for the last 200 days.
Cemex S.A.B. De C.V. ADR [CX]: A deeper dive into fundamental analysis
Cemex S.A.B. De C.V. ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.51 and a Current Ratio set at 0.78.
Cemex S.A.B. De C.V. ADR [CX]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Cemex S.A.B. De C.V. ADR go to 13.60%.
An analysis of Institutional ownership at Cemex S.A.B. De C.V. ADR [CX]
The top three institutional holders of CX stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in CX stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in CX stock with ownership which is approximately 5.8386%.
