Cemex S.A.B. De C.V. ADR (NYSE: CX) is -2.30% lower on its value in year-to-date trading and has touched a low of $5.00 and a high of $9.27 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CX stock was last observed hovering at around $5.36 in the last trading session, with the day’s gains setting it 0.15%.
Currently trading at $5.51, the stock is -1.42% and -1.64% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.49 million and changing 2.80% at the moment leaves the stock -14.38% off its SMA200. CX registered -25.64% loss for a year compared to 6-month loss of -10.41%. The firm has a 50-day simple moving average (SMA 50) of $5.597 and a 200-day simple moving average (SMA200) of $6.45325.
The stock witnessed a -1.96% gain in the last 1 month and extending the period to 3 months gives it a -7.24%, and is 2.42% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.01% over the week and 2.59% over the month.
Cemex S.A.B. De C.V. ADR (CX) has around 46063 employees, a market worth around $8.33B and $16.96B in sales. Current P/E ratio is 17.98 and Fwd P/E is 7.65. Profit margin for the company is 2.65%. Distance from 52-week low is 10.20% and -40.53% from its 52-week high. The company has generated returns on investments over the last 12 months (2.35%).
The EPS is expected to grow by 608.23% this year.
Cemex S.A.B. De C.V. ADR (CX) Top Institutional Holders
The shares outstanding are 1.51B, and float is at 1.51B with Short Float at 0.89%.
The top institutional shareholder in the company is BAILLIE GIFFORD & CO with over 31.99 million shares valued at $204.39 million. The investor’s holdings represent 2.1778% of the CX Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 20.78 million shares valued at $132.8 million to account for 1.415 of the shares outstanding. The other top investors are PRINCIPAL FINANCIAL GROUP INC which holds 19.98 million shares representing 1.3607% and valued at over $127.7 million, while AQR CAPITAL MANAGEMENT LLC holds 1.2976 of the shares totaling 19.06 million with a market value of $121.11 million.
Cemex S.A.B. De C.V. ADR (CX) Insider Activity
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Still, SEC filings show that on Aug 07 ’24, VICENTE SAISO ALVA (Vice President of Strategic Pl) Proposed Sale 9,648 shares at an average price of $6.27 for $60504.0. The insider now directly holds shares of Cemex S.A.B. De C.V. ADR (CX).
